{"id":32834,"date":"2012-12-05T07:59:30","date_gmt":"2012-12-05T12:59:30","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=32834"},"modified":"2012-12-05T07:59:30","modified_gmt":"2012-12-05T12:59:30","slug":"hedge-fund-ads-might-spawn-frauds-unless-sec-takes-action","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2012\/hedge-fund-ads-might-spawn-frauds-unless-sec-takes-action.html","title":{"rendered":"Hedge-Fund Ads Might Spawn Frauds Unless SEC Takes Action"},"content":{"rendered":"<p>Bloomberg &#8211; Congress probably didn\u2019t mean to turn the $2.3 trillion hedge-fund industry into a breeding ground for fraud when it passed a law designed to make it easier for small companies to raise capital. That may well be the result unless the Securities and Exchange Commission steps in with new rules.<\/p>\n<p>Congress passed the Jumpstart Our Business Startups (JOBS) Act with bipartisan support, and President\u00a0Barack Obama\u00a0signed it into law in April. Among its provisions, this misguided piece of\u00a0legislation\u00a0allows so-called private placements and hedge funds, lightly regulated private investment pools that serve the wealthy and institutions, to advertise their wares to the public for the first time.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2012-12-04\/hedge-fund-ads-might-spawn-frauds-unless-sec-takes-action.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Congress probably didn\u2019t mean to turn the $2.3 trillion hedge-fund industry into a breeding ground for fraud when it passed a law designed to make it easier for small companies to raise capital. That may well be the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-32834","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/32834","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=32834"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/32834\/revisions"}],"predecessor-version":[{"id":32835,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/32834\/revisions\/32835"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=32834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=32834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=32834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}