Courts Will Generally Defer to an Agency's Construction of a Statute

question 44

True/False

Courts will generally defer to an agency's construction of a statute within its area of expertise.

Grasp the scale of hedge fund management, including historical assets under management figures.

Understand the investment activities and strategies unique to hedge funds, including their use of leverage and lock-up periods.

Calculate arbitrage profits and understand the principles of futures pricing and arbitrage opportunities in financial markets.

Analyze investment strategies focused on exploiting market inefficiencies, such as statistical arbitrage and pairs trading.