Proposal To Regulate Private Funds And Their Advisers Introduced In U.S. Senate.

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Proposal To Regulate Private Funds And Their Advisers Introduced In U.S. Senate.

Article by Elizabeth Shea Fries , Byron C. Pavano , Jonathan Axelrad , Satish M. Kini and Sean P. O'Malley

On January 29, 2009, Senators Carl M. Levin (D-MI) and Charles E. Grassley (R-IA) introduced a bill titled the "Hedge Fund Transparency Act" (the "Bill").1 Although its title references only "hedge funds," the Bill would affect a wide array of private investment funds,...

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