Putting the Fun in Hedge Funds

Senator Kay Hagan gave the keynote at a Hedge Fund Association event at K&L Gates this week, talking about the JOBS Act (Jumpstart Our Business Startups) and crowdfunding, concerns with both Labor and SEC trying to define what it means to be a fiduciary, and Fannie and Freddie (a housing finance reform bill passed last week in committee that would wind them both down). And of course, tax reform. The last reform was in '86, when her daughter was born, Sen. Hagan says; since then, her daughter's made her a grandmother.