Taking aim at hedge funds

Everybody's getting into hedge funds, including Bill Galvin. The Massachusetts secretary of state, who also happens to be the state's top securities regulator, clearly had the hedge-fund industry in his sights at the start of this year. He began investigating a so-called hedge-fund hotel run in downtown Boston by brokerage giant UBS AG right away. Now Galvin has filed charges ... (Full article: 628 words)

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