{"id":3714,"date":"2005-12-12T00:00:00","date_gmt":"2005-12-12T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"sec-hedge-fund-rule","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2005\/sec-hedge-fund-rule.html","title":{"rendered":"SEC hedge fund rule"},"content":{"rendered":"<p>  WASHINGTON, Dec 9 (Reuters) &#8211; U.S. appeals court judges on Friday in open court questioned the legal basis of a new Securities and Exchange Commission rule that will force hedge fund advisers to  register with the agency.<\/p>\n<p>  Two judges of the U.S. Court of Appeals for the District of Columbia circuit grilled an SEC attorney over the legal meaning of the word &#8220;client&#8221; in the new rule, set to take effect in February, and  in prior statutes.<\/p>\n<p>  The meaning is key because the SEC rule closes a loophole that had allowed hedge fund advisers to escape SEC registration by counting each fund under their management as an individual client, not  each fund&#8217;s individual investors.<\/p>\n<p>  <a href=\"http:\/\/c.moreover.com\/click\/here.pl?b435836906&amp;r=MSNnews\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WASHINGTON, Dec 9 (Reuters) &#8211; U.S. appeals court judges on Friday in open court questioned the legal basis of a new Securities and Exchange Commission rule that will force hedge fund advisers to register with the agency. Two judges of [&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-3714","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3714","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=3714"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3714\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=3714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=3714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=3714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}