Hedge funds are denied free speech, Phil Goldstein argues

The man who overturned the SEC’s attempt to register all hedge funds now takes aim at private placement restrictions against advertising, calling them a violation of free speech.

Activist investor Phil Goldstein of New Jersey-based Bulldog Investors, the man who successfully fought the Securities and Exchange Commission’s attempt to force the registration of hedge funds, is set to argue in Massachusetts’ highest court that restrictions on hedge fund advertising are a violation of the First Amendment right to free speech.

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.

Related