Dan Waters Hedge Funds

Dan Waters: FSA Hedge Fund Chief Plans to Leave

The head of the hedge fund division at UK's top financial regulator plans to leave that position next month. Dan Waters is the director of conduct risk and asset management sector at the Financial Services Authority. At this position Waters was in charge of increasing oversight of hedge funds.

Dan Waters, the U.K. Financial Services Authority's director of conduct risk and asset management sector leader who helped the regulator beef up its oversight of hedge funds, is to leave next month, the FSA said Tuesday.

It said he is "considering other opportunities that will allow flexibility to pursue his interests here in the U.K. while allowing him time to meet family obligations in the United States."

Christina Sinclair has been appointed to the role of director of conduct risk on an interim basis, the FSA said.  Source

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