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DoubleK

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DoubleK

Re: sts66 post# 4536

Wednesday, 06/22/2011 3:18:59 PM

Wednesday, June 22, 2011 3:18:59 PM

Post# of 6280
Besides the toothless and emasculated SEC faces a herculean task in "monitoring" these out-of-control hedge funds. I just wouldn't put much faith in this new rule because some of the funds
are run by very smart but unsavory characters.
I think its more window dressing to show the retail investor that the SEC is doing something
about the flagrant criminality that has consumed Wall Street.


http://www.sec.gov/rules/proposed/ia-2266.htm
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