{"id":3703,"date":"2005-12-09T00:00:00","date_gmt":"2005-12-09T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"sec-hedge-funds-rule-challenged","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2005\/sec-hedge-funds-rule-challenged.html","title":{"rendered":"SEC hedge funds rule is challenged"},"content":{"rendered":"<p>  Reuters &#8211; A prominent shareholder activist will on Friday urge a court to strike down the chief US financial regulator&#8217;s flagship rule to supervise the hedge fund industry.<\/p>\n<p>  Lawyers for Phillip Goldstein, New York-based head of hedge fund Opportunity Partners, will ask a federal appeals court to declare invalid the hedge fund registration rule drawn up by the  Securities and Exchange Commission.<\/p>\n<p>  It is the second legal challenge to SEC regulation masterminded by William Donaldson, the former chairman of the regulator, who stepped down in June.<\/p>\n<p>  The US Chamber of Commerce is seeking to strike down the SEC rule that is supposed to improve mutual fund governance.<a href=\"http:\/\/c.moreover.com\/click\/here.pl?b435232084&amp;r=MSNnews\"><\/a><\/p>\n<p>  <a href=\"http:\/\/c.moreover.com\/click\/here.pl?b435232084&amp;r=MSNnews\">Read Complete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; A prominent shareholder activist will on Friday urge a court to strike down the chief US financial regulator&#8217;s flagship rule to supervise the hedge fund industry. Lawyers for Phillip Goldstein, New York-based head of hedge fund Opportunity Partners, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-3703","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3703","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=3703"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3703\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=3703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=3703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=3703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}