Group of Thirty Calls for Prudential Regulation of Hedge Funds

Group of Thirty Calls for Prudential Regulation of Hedge Funds

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WilmerHale has defended clients in hundreds of class, derivative, shareholder and individual actions alleging securities fraud, breach of fiduciary duty and other corporate misconduct.
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On January 15, 2009, a steering committee of the Group of Thirty issued Financial Reform: A Framework for Financial Stability.1 Under the leadership of Paul Volcker, former chairman of the Federal Reserve Board and chairman-designate of the Economic Recovery Advisory Board under President-elect Barack Obama, the committee was launched in July 2008 and developed recommendations on prospective financial reform. For more on the recently issued report, see our Email Alert.

1 Available here.

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