He’s not saying he plans a huge Bulldog Investors billboard on the Mass. Pike, big enough for Bill Galvin to see if from his front stoop in Brighton every morning. But if Uncle Phil were into that kind of thing, now he could. Read more »
Firsthand Technology Value Fund manager Kevin Landis must ache for his glory days, back during the dot-com boom, when everything he (or anyone else) touched turned to gold and he didn’t have to read letters like this one, from Bulldog Investors’ Phil Goldstein. Read more »
Phil Goldstein, the Bulldog Investors founder whose colorful responses to regulators has made him a DealBreaker favorite, is planning to sue the Securities and Exchange Commission to lifts the ban on hedge fund marketing.
“We want to be able to have a website like any other business. The only websites required to pre-qualify people are hedge funds and pornography . . . gun shops are allowed to advertise, the Massachusetts state lottery is allowed to have a website. We want to be treated like any other business,” Goldstein tells the Financial Times.
Goldstein is no novice when it comes to taking on the regulators. He launched the lawsuit that eventually saw a federal appeals court strike down the SEC’s attempt to force hedge fund managers to register.
Hedge fund to sue SEC over advertising ban [Financial Times]