Wednesday, June 20, 2007

UPDATE 1-U.S. senators seek SEC study on Blackstone bill

(Reuters) - WASHINGTON, June 20 - The leaders of the U.S.
Senate Banking Committee on Wednesday asked the Treasury
Department and the Securities and Exchange Commission for
analysis of legislation that would raise taxes on private
equity funds going public, like Blackstone Group LP [BG.UL].




Sens. Christopher Dodd and Richard Shelby, the Democratic
chairman and senior Republican on the panel, respectively,
asked about the bill's "likely impact on the nation's capital
markets, including the potential effects on investor
protection, capital formation and other relevant issues."


Read more at Reuters.com Government Filings News

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