Editor column.(Editorial)(Column)

We start this issue with an article by Robert Robertson and Joseph Kelly on the final SEC rule amendments concerning the summary prospectus for mutual funds, which is intended to improve mutual fund disclosure by providing investors with key information in a clear and concise format as well as provide a means of delivering more detailed information via the internet. Then we have three articles on protection against and dealing with the tax consequences of hedge fund fraud, a particularly relevant topic today in light of the Madoff scandal. The Madoff operation was not actually a hedge fund, but the fraud that occurred was typical of what can and does happen with hedge funds. Ken Evola …