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Private hedge funds win registration delay

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Some private hedge funds won't have to register with the U.S. Securities and Exchange Commission (SEC) until next year, winning a delay in a requirement set out in the Dodd-Frank financial overhaul law, reports the Wall Street Journal.

The Dodd-Frank financial overhaul law mandated that certain hedge funds that had been exempt from registering as investment advisers with the SEC would have to file their paperwork by July 21, 2011, the anniversary of the law. The SEC is expected to adopt final rules today setting out the requirements for registration, which would include the delay.

The SEC's ...

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A primer for tonight’s presidential address on Afghanistan

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President Obama will unveil his plan tonight for pulling out the roughly 30,000 troops sent to Afghanistan during the December 2009 troop surge. While all kinds of factors go into foreign policy decisions, especially when it comes to putting troops in harm's way, it's worth noting that the Afghanistan operation has been the subject of intensive lobbying, has been prone to fraud, waste and abuse in federal contracting and raises issues of government accountability. 

While Obama will cover a number of issues raised by the ongoing war in Afghanistan, the following topics most likely will not make ...

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