Jul 14, 2009
I recently introduced the Private Fund Transparency Act of 2009, which would require investment advisers to private funds...
Chuck Schumer
The Public Record
Chuck Schumer is an American politician serving as the senior United States senator from New York since 1999. A member of the Democratic Party, he has held the position of Senate Majority Leader since January 2021, making him one of the most prominent figures in the U.S. Senate. Schumer previously served in the U.S. House of Representatives from 1981 to 1999, representing New York's 9th congressional district. Throughout his career, he has focused on issues such as healthcare, infrastructure, and economic development, often advocating for policies that benefit working families and promote social justice.
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Jul 14, 2009
Shouldn't private investment funds be required to disclose information to the SEC for the purpose of investigating and enforcing antifraud rules?
Jul 14, 2009
I have called this hearing to explore another key aspect of such reforms, the regulation of hedge funds and other private investment pools.
Jul 14, 2009
it seems obvious to me that closer attention needs to be paid to these funds to avoid future Ponzi schemes
Jul 14, 2009
These private pools of capital are responsible for huge transfers of capital and risk, and so examining these industries and potential regulation are extremely important to this Subcommittee.
Jul 14, 2009
We applaud Senator Charles Schumer and Congressman Rush Holt for their leadership in introducing these bills.
Jul 14, 2009
To address this regulatory gap, I recently introduced the Private Fund Transparency Act of 2009.
Jul 14, 2009
The current financial crisis has reinvigorated my long-held concern that the regulation of hedge funds and other pooled investment vehicles should be improved.
Jul 13, 2009
It will, as you say, create a level playing field across the board based on the product.
Politicians like Chuck Schumer
