{"id":5707,"date":"2007-02-21T00:00:00","date_gmt":"2007-02-21T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"investors-zing-sec-on-hedge-fund-rule-los-angeles-times","status":"publish","type":"post","link":"https:\/\/www.hedgeco.net\/news\/02\/2007\/investors-zing-sec-on-hedge-fund-rule-los-angeles-times.html","title":{"rendered":"Investors zing SEC on hedge fund rule &#8211; Los Angeles Times"},"content":{"rendered":"<p>A Securities and Exchange Commission proposal to sharply limit the number of Americans who can invest in hedge funds has triggered a public backlash \u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u009d and the latest controversy over the boomingprivate investment pools.<\/p>\n<p>The agency has received hundreds of e-mails and letters since December, when it proposed raising the financial bar for hedge fund eligibility for the first time since 1982.<\/p>\n<p>The vast majority of those writing have advised the SEC to back off. Some of the comments have an angry tone, unusual for matters of securities regulation.<\/p>\n<p>&#8220;This has got to be unconstitutional if not communistic,&#8221; wrote M. Joan Conrad, a Naples, Fla., resident who said she has had money in hedge funds for the last decade.<br \/><strong><\/p>\n<p><a href=\"http:\/\/www.google.com\/news\/url?sa=T&amp;ct=us\/0-0&amp;fd=R&amp;url=http:\/\/www.latimes.com\/business\/investing\/la-fi-hedge21feb21,1,6029532.story%3Fcoll%3Dla-headlines-business-invest&amp;cid=0&amp;ei=zUvcRcLICILSqQPfsZnvBQ\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Securities and Exchange Commission proposal to sharply limit the number of Americans who can invest in hedge funds has triggered a public backlash \u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u009d and the latest controversy over the boomingprivate investment pools. The agency has received hundreds of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5707","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=5707"}],"version-history":[{"count":0,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5707\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=5707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=5707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=5707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}