Remove category-hedge-funds
article thumbnail

Justices limit major SEC tool to penalize fraud

SCOTUSBlog

The first question in the case is whether the claim that the SEC brought against hedge fund founder and investment adviser George Jarkesy — seeking penalties for misleading statements he made to investors — is a “suit at common law” to which the Seventh Amendment applies.

article thumbnail

DC dispatch: senators and witnesses quarrel over tax reform in Budget Committee hearing – does Wall Street pay its fair share?

JURIST

” He sharply criticized democrats further, stating that “Democrats pretended they were cracking down on private equity moguls,” because many fund Democratic campaigns, and while “…Democrats publicly and continuously blast carried interest as a loophole for the rich and blame Republicans for its existence.