Hedge fund group spent $1 million lobbying in 2Q

Forbes – A trade group representing hedge funds spent more than $1 million in the second quarter lobbying federal officials on new regulations that will expand disclosure requirements for the funds.

The $1.03 million that the Managed Funds Association spent was down slightly from the $1.09 million it spent in the same quarter a year ago, but up from the $950,000 spent in this year’s first quarter.

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