Highlights of this issue.(From The Editor)

Recent federal regulatory action takes center stage in this issue of The Investment Lawyer. To begin, the lead article by Nigel Howard explores recent experiences of hedge funds in complying with the Federal Trade Commission's rules on Safeguarding Customer Information (Safeguard Rules), and suggests ways in which hedge funds can turn their current practices into best practices. The article recommends establishing and maintaining an information security program in compliance with the Safeguard Rules, and provides practical advice. Mr. Howard's article will be of particular importance to hedge funds, private equity funds, and investment advisers that are not required to …