Firm Memoranda

SEC Hedge Fund Rule Vacated in Goldstein v. SEC

Date: 06/27/06

On June 23, 2006, the Court of Appeals for the District of Columbia unanimously held in Goldstein v. SEC that a 2004 SEC rule which requires advisers of hedge funds with fifteen or more investors to register with the SEC (“Hedge Fund Rule”) is arbitrary and unreasonable.

CGRMemo_SEC Hedge Fund Rule Vacated in Goldstein v. SEC.pdf (pdf | 40.22 KB )