Hedge Fund Glossary

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the investment banks that buy Securities in the initial purchase from the Issuer and then immediately resell them to the public in a public offering. More technically, and in brief, Section 2(a)(11) of the Securities Act defines an Underwriter as any person who has purchased a Security from an Issuer or a controlling person of an Issuer with a view to distributing the Security.

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is a comprehensive glossary of hedge fund slang, legal and regulatory terminology, and acronyms.

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