Newsday |
SEC lifts ban on hedge fund ads
USA TODAY Hedge funds and other firms that seek private investments will be allowed to advertise publicly for the first time under a rule adopted Wednesday by the Securities and Exchange Commission. Adopted by a 4-1 vote, the rule eliminates an 80-year regime of … SEC's Lifting of Ban Is Move in Right Direction general solicitation isn't evil SEC Lifts Advertising Ban on Private Investments |