Phillip Goldstein, who became a hero to hedge fund managers everywhere when he beat the Securities and Exchange Commission and its regulation requiring funds toregister with the agency, is at it again.
This time, he is trying to opt out of filing quarterly and annual reports that detail the fund’s investment holdings, claiming it violates his Fifth Amendment rights.
Goldstein, who manages Full Value Advisors LLC, claims that by divulging his investments, he is granting access to trade secrets and allowing others to capitalize from his strategies.
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