{"id":9711,"date":"2009-01-26T00:00:00","date_gmt":"2009-01-26T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"gaps-in-oversight-let-nadel-avoid-scrutiny","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2009\/gaps-in-oversight-let-nadel-avoid-scrutiny.html","title":{"rendered":"Gaps in oversight let Nadel avoid scrutiny"},"content":{"rendered":"<p>Sarasota Herald-Tribune &#8211; The U.S. Securities and Exchange Commission has hundreds of pages of complicated rules governing investment advisers. But the agency &#8212; under fire for failing to stop New York hedge fund manager Bernard Madoff and his alleged $50 billion Ponzi case &#8212; has yet to impose even the most basic registration requirements on thousands of managers.<\/p>\n<p>Until 2006, no hedge fund managers had to register with the SEC because of a rule making those managers with 15 or fewer investors exempt from the registration requirement. The SEC interpreted that rule in an odd way: A fund can be an investor.<\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.heraldtribune.com\/article\/20090125\/ARTICLE\/901250366\/-1\/NEWSSITEMAP\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sarasota Herald-Tribune &#8211; The U.S. Securities and Exchange Commission has hundreds of pages of complicated rules governing investment advisers. But the agency &#8212; under fire for failing to stop New York hedge fund manager Bernard Madoff and his alleged $50 [&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":[4331,37,2222,6320,4650,4504,6319,6321,5897,35,21],"class_list":["post-9711","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-bernard-madoff","tag-hedge-fund-manager","tag-hedge-fund-managers","tag-investment-advisers","tag-investor","tag-investors","tag-registration-requirement","tag-registration-requirements","tag-sarasota-herald-tribune","tag-securities-and-exchange","tag-securities-and-exchange-commission"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9711","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=9711"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9711\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}