Hedge Funds Regulations
Here is another article by Bloomberg providing a good collection of recent clues seen in the media as to how the US will be regulating hedge funds:
The U.S. Securities and Exchange Commission should be given authority to regulate what hedge funds can buy and how much money they can borrow to maximize bets because registration falls short of what’s needed to police the $1.33 trillion industry, Chairman Mary Schapiro said.
“It’s probably not enough just to register hedge funds” with the SEC, Schapiro said in an interview on Bloomberg Television’s “Political Capital with Al Hunt,” airing this weekend. “It may well be necessary to put in place particular kinds of rules.” source
Here is a related quote from Dealbreaker:
We would point out to the SEC that hedge funds had little to do with the present crisis, and that, in fact, those firms dying on the vine are the same firms that endured the greatest level of regulation prior to imploding source
For additional hedge fund regulation and compliance details please see our Hedge Fund Regulation Corner.