Hedge Fund Regulation Not Needed | FSA Comments

Regulating Hedge Funds

Hedge Fund Regulation Not Needed | FSA


The Financial Services Authority (FSA) said on Wednesday it did not see the need for more regulation of hedge funds, and that most funds had so far weathered recent financial turmoil fairly well.

"I ... recognise there is pressure for more regulation in a rather general way," FSA Chief Executive Hector Sants told the Hedge 2008 conference.

"I don't particularly think more regulation is needed, but I do think more effective regulation is needed."

His comments come after a number of industry commentators have called for more regulation of hedge funds, which tend to be less transparent than mutual funds. Source

Related to Hedge Fund Regulation Not Needed | FSA Comments:

Tags: Hedge Fund Regulation Not Needed | FSA Comments, FSA, hedge fund regulations, regulations on hedge funds, regulatory hedge fund, hedge fund manager compliance, regulation

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.