(Seeking Alpha) – Phillip Goldstein is at it again. The guy who single-handedly vacated the SEC’s hedge fund regulation rule has now threatened to sue his arch nemesis if it doesn’t lift its ban on hedge fund advertising immediately. According to Investment News,
Mr. Goldstein, principal of Bulldog Investors LLC in Saddle Brook, N.J., gave the SEC an ultimatum: Either issue him a no-action response by last Friday, allowing him to open his hedge fund website to the public, or he would file suit and let the courts determine if the securities laws violate the First Amendment.
