What’s news around the hedge fund industry for Thursday, June 28, 2012:

Around the web

Revisiting three stocks Bill Ackman sold in Q1. (Benzinga)

The trouble with Eric Hovde’s sob stories. (Capital Times)

Hutchin Hill Capital said to exit bets against JPMorgan’s London Whale. (Bloomberg)

Fund managers face longer wait for bonus payouts under E.U. rules. (Bloomberg Businessweek)

Barclays shows need for CFTC, SEC funds, Neal Wolin says. (Bloomberg)

CFTC to close investor protection loophole. (The Trade News)

High-frequency trading has made markets more efficient: Larry Tabb. (WSJ’s MarketBeat blog)

Regulators probe role of ‘glitches’ in market upheavals: SEC. (Dow Jones Newswires, via Nasdaq)

SEC delays rules for JOBS Act provisions. (The WSJ, via HedgeFund.net)

Stark Investment to close multistrategy hedge funds. (Pensions & Investments)

Judge dismisses Jersey City activist’s suit seeking to block vote by David Tepper-backed school board members on new schools superintendent. (NJ.com)

John Paulson talks returns, regret and retirement in new profile. (DealBook)

SEC takes action against Bo Brownstein. (Denver Business Journal)

Rep. McHenry: ‘Sideswiped’ by SEC on JOBS bill. (WSJ.com)

Distracted by CBOT drama, traders missed drought signs. (Reuters, via Dairy Herd Network)

JPMorgan trading loss may reach $9 billion. (DealBook)

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