SEC hedge fund report promises ‘least intrusive form of regulation’

The long-awaited US Securities and Exchange Commission (SEC) report on hedge fund regulation, The implications of the growth of hedge funds, released last month, highlights the increased danger of hedge fund ‘retailisation’ and the SEC’s concerns about lack of transparency in the hedge fund industry.

“Despite the growth of the hedge fund industry in the last decade, we do not have accurate information about how many hedge funds operate in the US, their assets or who controls them. Instead, we

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