SEC posts my comments on hedge fund regulation
For those of you who follow such things, I reported you to a month ago that the SEC was considering making substantial changes to "accredited investor" rules, i.e. the rules governing who is permitted to participate in hedge funds and other types of investments.
The SEC has posted my comments on their site, and you can read them here:
What is more interesting to me, since I've posted those comments on this site before, is the absolute barrage of comments the SEC has received opposing their proposed changes! You can see the whole list of comments, then click on a name to read the comment here:
[You'll see that my comment was the first one received.]
There is no doubt that John Mauldin's article on January 26th encouraged many people to write. I encourage all my readers to comment to the SEC to oppose the rule changes. Why should the government assume that you are too stupid to make your own investment decisions?
The proposed rule change is here:
And to comment it, go here:
|Print article||This entry was posted by Rossputin on 02/05/07 at 02:42:54 am . Follow any responses to this post through RSS 2.0.|