the answer is yes. The rules will ban joint management by the same individual but not the same firm, both the registered investment company and other unregistered investment vehicles. Those rules will address the conflicts of interest that are presented by such an arrangement, including the conflicts raised by the gentleman.
Discussing rules to address conflicts of interest in investment management.
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More from Hon. Michael G. Oxley
I will take a second to correct the gentleman from Alabama. There is not one word in this resolution that calls for prosecution of anything other than leakers. Not the media.
I will be brief. I do not think anybody could have predicted, certainly not me, that a few weeks after the firestorm that came about with the announcement of the Dubai Ports deal that we would be on the floor today debating legislation…
some folks may wonder why I am up here with the distinguished delegation from the Pittsburgh area, and that deserves some explanation. The fine young quarterback for the Steelers, who became the youngest quarterback to win a Super Bowl…
I am not going to claim opposition because we support the amendment. I would just say to the gentlewoman, we are pleased to accept her amendment.
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