Chuck Schumer actually said...

I think they just have to find a way to get around that. If they can do that, I think they can have a framework for everything else.

Schumer suggests that redefining wealth for tax purposes could help Congress move forward on fiscal issues.

11/07/2012

More Chuck Schumer Quotes

I recently introduced the Private Fund Transparency Act of 2009, which would require investment advisers to private funds...

it seems obvious to me that closer attention needs to be paid to these funds to avoid future Ponzi schemes

we need to empower the SEC to do more.

The current financial crisis has reinvigorated my long-held concern that the regulation of hedge funds and other pooled investment vehicles ...