Regulation Backlash in Hartford

Connecticut’s Bob Duff pushes for stricter regulation of state’s hedge funds.

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Wendy Gerbier, a mezzo-soprano from Stamford and the National Anthem Ambassador of Connecticut visited the State Capitol where she sang the Anthem at the opening of both the House and Senate sessions. Ms. Gerbier was selected as the winner in a statewide contest in 2006 and will join other states’ National Anthem Ambassadors by participating in a Grand Finale in Washington, DC on Flag Day of 2007. Here, Senator Duff presents here with an official citation from the Connecticut General Assembly. (April 16, 2007)

Connecticut is cracking down on one of its biggest homegrown industries: hedge funds. Lawmakers are pushing for stricter regulation of the state’s approximately 300 funds, but it’s a tricky proposition because neighboring New York, with no such regulatory upgrade in progress, beckons.

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