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Rajib Chanda Quoted in Ignites Regarding Regulation of Liquid Alternative Funds
06.18.15
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Corporate Partner Rajib Chanda was quoted in Ignites, a Financial Times news service, in an article discussing whether alternative mutual funds have drifted from the ’40 Act structure, and how the SEC and FINRA should regulate them. Rajib notes that the reason alternative funds pursuing these investment strategies have gained popularity in the marketplace is because the ’40 Act has provided the reliable construct to help product development, and argues that introducing uncertainty to product development or requiring permission for innovation from the regulator would have a negative effects on product innovation.