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24 Oct 2006, 8:11 am
" Jonathan Macey, a professor at Yale Law School labels the attempts "Regulatory McCarthyism" in this op-ed piece in today's Wall Street Journal.You will need a subscription to read the piece, and while the title is a bit over the top, the professor is right when he takes on the new justification for hedge fund regulation - "systemic risk" to the markets and our economy. [read post]