It has been perceived in the recent days that the prominent hedge funds and other investment firms have been quite busy in the recent weeks over the imperative need of filing of the quarterly public reports to regulators proffering a stiff challenge to the top manager holdings that sometimes moves shares. However, it has also been perceived that the notable exceptions are the Bulldog Investors or the Wynnefield Capital since their alleged 13-F filings has been remaining largely as blank.

It has been found that the two premiere funding organizations have been leading an indictment to turn over or infringe the rules that are required at the first instance to put on record quarterly holdings information and at the same time sustaining that such disclosures happen to be nothing but the trade secrets. Meanwhile while going through the discourses with the topmost echelons of the organizations it has been noticed that both of them have already applied for the maintenance of their assets not to be disclosed, but also do expect at the same time that the regulators for some vested interests are intending to proceed towards a court battle.  

On this occasion we spoke to Phillip Goldstein, the celebrated and also a veteran investor who is at present having the control over a $300 million-plus hedge fund group Bulldog Investors and affiliate Full Value Advisors. He said when being asked, "We filed but it was blank. We haven't heard back from the SEC." On the other hand it largely estimated that since Goldstein is not a newcomer in the market there is no such valid reason for him to interweave with the band of regulators. If the memory of the reader does not fall short, he/she should remember that on the very last year this very individual was instrumental in offering successfully a stiff challenge to the rules of the SEC, where there is a grave requirement of the registration of the hedge funds as the investment advisors.

On this account when he was reminded, he said in a confident note, "Frankly I think we will win." But he was also cautious to indicate, "I suspect it will take a long time." He was also found emphasizing on the fact that on the very last year there was a proposal for an exemption on the behalf of the Full Value Advisors but it was without any response from the SEC.