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Email On January 29, 2009, Senators Carl Levin, D-Michigan, and Charles Grassley, R-Iowa, introduced the Hedge Fund Transparency Act (“HFTA”) for passage in the Senate. The HFTA is intended to require hedge funds to register with the Securities and Exchange Commission (“SEC”) and thereby subject them to regulation by that body. https://www.cadwalader.com/resources/clients-friends-memos/the-hedge-fund-transparency-act-and-its-unintended-consequences-for-cat-bonds