{"id":3942,"date":"2006-02-06T00:00:00","date_gmt":"2006-02-06T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"pleasantville-hedge-fund-manager-challenges-new-rules","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2006\/pleasantville-hedge-fund-manager-challenges-new-rules.html","title":{"rendered":"Pleasantville hedge fund manager challenges new rules"},"content":{"rendered":"<p>  <span class=\"text\">The Journal News.com &#8211; Phillip Goldstein likes to think of himself as a bulldog willing to wage a fight.<\/span><\/p>\n<p>  <span class=\"text\">For 13 years, those battles have generally been against corporate America through his $90 million hedge fund company with four employees \u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u009d named, appropriately enough, Bulldog  Investors \u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u009d that buys stakes in underperforming companies and presses management for changes.<\/span><\/p>\n<p>  <span class=\"text\">But lately, this bulldog from Pleasantville has generated his share of headlines for a courtroom fight against another powerful foe \u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u009d Uncle Sam.<\/span><\/p>\n<p>  <span class=\"text\">Goldstein, 61, has pursued a federal lawsuit in Washington for more than a year challenging the Securities and Exchange Commission over new regulations governing the hedge fund  industry. Those new rules, which went into effect Wednesday, require that advisers to hedge funds with assets of more than $30 million register with the SEC, beef up record-keeping and open  themselves up to potential SEC inspections<\/span><\/p>\n<p><a href=\"http:\/\/www.thejournalnews.com\/apps\/pbcs.dll\/article?AID=\/20060205\/BUSINESS01\/602050320\/1066\">Read Complete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Journal News.com &#8211; Phillip Goldstein likes to think of himself as a bulldog willing to wage a fight. For 13 years, those battles have generally been against corporate America through his $90 million hedge fund company with four employees [&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-3942","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3942","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=3942"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3942\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=3942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=3942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=3942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}