Following last week’s two-day round-table on the hedge fund industry, Securities and Exchange Commission Chairman William Donaldson will speak to the House Financial Services Capital Markets Subcommittee Thursday about the industry’s role in the market.

"Hedge funds have served as a valuable tool for the sophisticated and institutional investor in managing market risk," Rep. Richard H. Baker (R-La.) said in a statement. "However, as more and more retail investors look to hedge funds as an investment option, we must ensure that there are adequate investor protections in place."

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