Venture capitalists not treated as hedge funds under House bill
Tuesday, October 6, 2009 : PermalinkThe Hill – Venture capitalists breathed a collective sigh of relief Thursday when a proposal from the House Financial Services Capital Markets Subcommittee did not seek to treat them like private equity firms or hedge funds.
Venture capital investors had been lobbying against such a measure, saying that being required to register with the Securitiesand Exchange Commission like hedge funds and other private pools of money was unnecessary and expensive.
Tags: financial-services, hedge funds, private equity firms, private pools, venture capital investors, venture capitalists
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