12-12-06 Charles Gradante, Co-Founder of industry leading Hennessee Group hedge fund advisory firm and Registered Investment Advisor (www.HennesseeGroup.com), is shown on 12-12-06 on Bloomberg TV's "Market Movers" with Monica Bertran discussing hedge fund regulation and minimum investment sizes.
Gradante, known for his astute, off-the-beaten-path insights, is shockingly accurate in his market assessments. He further distinguishes himself in this interview as one of the hedge fund management industry's most knowledgeable pundits.
Among the most noteworthy highlights from this interview are the following excerpts:
- SEC net worth requirements not enough to protect unsophisticated investors
- SEC should be working with prime brokers to monitor hedge fund leverage
- SEC/Fed should increase margin requirements on futures contracts, the latter which have not been changed in nearly 50 years, though volatility has nearly quadrupled over that period
- Amaranth Capital Advisors had insufficient equity behind their futures contracts
The firm, Hennessee Group (www.HennesseeGroup.com) is located at 500 5th Avenue, New York, NY 10110 (212) 857-4400.
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