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Advisers May Find Themselves Targets in Hedge Fund Regulation

In a hearing last week, members of the Senate were told that regulation of hedge fund advisers--an approach already tried by the SEC-- is the cornerstone to crafting a regime for hedge fund oversight.

Trading TradeOff: When To Monitor Sponsored Access To Exchanges

Wall Street heavyweight Goldman Sachs, now launching its own sponsored-access service to lend clients its identification to access securities exchanges directly, said last week it favors monitoring client orders prior to execution.