NEWS

CPIC Chairman to Testify on Hedge Fund Regulation July 15

James S. Chanos, chairman of the Coalition of Private Investment Companies, will testify Wednesday afternoon, July 15, on hedge fund regulation before the Senate Banking Subcommittee on Securities, Insurance, and Investments. He will suggest ways in which risks related to hedge funds and private investment pools can be reduced and offer legislative suggestions to ensure that regulators have the tools they need to prevent fraud and reduce systemic risks.