Set your calendar for May 7, 2009. The House Financial Services Committee will hold its first hearing on hedge fund regulation.
I will be glued to CSPAN as I watch our lawmakers contemplate ideas such as rehypothication, leverage, overlays, options, option-arms and CDS…
With the placement agent bru-ha-ha in New York this month, I suspect that external marketing and the fees associated may come up. Stay tuned.
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