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SEC Chief Schapiro Wants Authority to Make Hedge-Fund Rules
May 2 (Bloomberg) -- The U.S. Securities and Exchange Commission should be given authority to regulate what hedge funds can buy and how much money they can borrow to maximize bets because registration falls short of what’s needed to police the $1.33 trillion industry, Chairman Mary Schapiro ...
SEC Chief Schapiro Wants Authority to Make Hedge-Fund Rules
bloomberg.com — May 2 (Bloomberg) -- The U.S. Securities and Exchange Commission should be given authority to regulate what... hedge funds can buy and how much money they can borrow to maximize bets because registration falls short of what’s needed to police the $1.33 ... (more) SEC Chief Schapiro Wants Authority to Make Hedge-Fund Rules
The Associated Press: SEC chief says new short-selling rules a priority
google.com — 1 day ago WASHINGTON (AP) The head of the Securities and Exchange Commission said Tuesday she is... making the issue of new rules restricting short-selling a priority as the agency hears from an array of interests about ways to limit trades that bet ... (more) The Associated Press: SEC chief says new short-selling ...
SEC Files First-Ever Insider Trading Case Involving Credit Default Swaps
SEC Files First-Ever Insider Trading Case Involving Credit Default Swaps
securitiesdocket.com — The SEC charged Renato Negrin, a former portfolio manager at hedge fund investment adviser Millennium Partners L.P.,... and Jon-Paul Rorech, a salesman at Deutsche Bank Securities Inc., with insider trading in credit default swaps of VNU N.V., an international holding company that owns Nielsen ... (more) SEC Files First-Ever Insider Trading Case Involving ...
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Links 5/2/09
naked capitalism — ... Join Humans On The Dance Floor NPR Lithium in water 'curbs suicide' BBC Extinction has a weird appeal Christopher Caldwell, Financial Times Banking Fortunes – From “Catastrophic!” to “Just Awful”! Satyajit Das Public pawnbroker keeps Parisians' secrets safe Reuters (hat tip Dimitris). Late to this, but interesting nevertheless. Same Data, Conflicting Forecasts Joe Nocera, New York Times SEC Chief Schapiro Wants Authority to Make Hedge-Fund Rules Bloomberg Chrysler's Bankruptcy Deals Blow ...

Dealbreaker Weekend Edition: Blaming Hedge Funds
Dealbreaker — ... adding that the SEC would first consult with other government agencies. We would point out to the SEC that hedge funds had little to do with the present crisis, and that, in fact, those firms dying on the vine are the same firms that endured the greatest level of regulation prior to imploding, but reason went out the window long ago when Obama slammed the bottle of Jack Daniels on the table after taking that first big hand and announcing: "I won." SEC Chief Schapiro Wants Authority to Make Hedge-Fund Rules [Bloomberg] (HT: SEG) ...

Sunday morning links
The Mess That Greenspan Made — TOP STORIES • All Eyes Turn to GM And Its Bondholders - Wash. Post • UAW wins big Chrysler stake but can't run company - AP • Chrysler’s Fall May Help Administration Reshape G.M - NY Times • White House Threatened To Destroy Perella Weinberg's Reputation - Zero Hedge • Berkshire’s Munger: ‘Venal’ Banks May Evade Needed Reform - Bloomberg • Chrysler's Bankruptcy Deals Blow to Affiliates - WSJ • The Greatest Cost - Noland, Prudent Bear • Three more banks fail - CNN/Money MARKETS/INVESTING • Gold May Be ‘Off to the Races’ Above $950 - Bloomberg • ...

Related: sec chief schapiro wants authority to make hedge-fund rules
SEC Chief Schapiro Wants Authority to Make Hedge-Fund Rules
hf-implode.com 5/3/2009 — “It’s probably not enough just to register hedge funds” with the SEC, Schapiro said in an interview on Bloomberg Television’s “Political Capital with Al Hunt,” airing this weekend. “It may well be necessary to put in place particular kinds of rules.”