(1888PressRelease)
March 28, 2009 - The Obama administration's aggressive plan for strict scrutiny of hedge funds and other freewheeling investors, part of the biggest expansion of financial restraints since the Great Depression, is drawing instant opposition from Republican lawmakers and the rules' targets. And skeptics are questioning whether the new rulebook would work anyway.
Wall Street wizards have proved adept at designing complex financial products to sidestep existing regulations. Hoffman Meyer Associates CEO, Douglas Morgan,, says, "You're going to see firms try to figure out how to be under the radar." “For example, private equity investors might try to buy large hedge funds and chop them into funds that would be small enough to operate unregulated”
Morgan went on to say "We need much stronger standards for openness, transparency and plain commonsense language throughout the financial system."
Hoffman Meyer Associates is Seattle's leading merger and acquisition, business brokerage firm. As a mergers & acquisition firm, our principals have completed scores of transactions of privately and publicly held companies during the past 25 years.
Over the years, our firm has developed strong relationships with companies and individuals that are ancillary to the mergers & acquisition process including banks, mezzanine lenders, asset lenders, transaction attorneys, certified public accountants, and financial planners. We are also affiliate members of leading merger & acquisition, business valuation, accounting and brokerage associations.
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