August 10, 2006
Phil Goldstein: One Man Army to Tackle SEC
Phil Goldstein is one angry man and not without cause. The activist hedge fund manager whose court challenge forced the Securities and Exchange Commission to abandon its plan to force hedge funds to register, could not get any of the big players from the hedge fund industry to join him in the court action. Moneycentral.msn.com reports:
"Where were all the other guys?" he asks. "Where were all the hedge funds who didn't want registration forced on them? Why didn't they come in with us?"
Read more: Hedge fund manager decries lack of support
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