Benzinga's Political Roundup

The SEC is looking at hedge fund holdings of several health care stocks before the names were acquired, as part of an investigation. Names include Pfizer's (NYSE: PFE) purchase of Wyeth, and Merck's (NYSE: SGP) purchase of Schering-Plough. Las Vegas Sands (NYSE: LVS) received a setback, as Macau rejected its application for rights to a potentially very valuable piece of land. China announced it will be shifting to "prudent monetary policy," in an effort to fight inflation.