Hedge Funds Up Ante In Fight Against SEC's 'Dealer Rule'
Also, an update to Gary Gensler's calendar; SEC wins legal challenge to its proxy advisor regulation
Hedge funds initiated a fresh onslaught today against an SEC rule that would force a lot more investment firms to register with the agency as dealers of Treasury bonds – a plan the industry contends will increase compliance costs and erase key protections for trading in the market.
The push from the Managed Funds Association includes a new comment lette…