Hedge funds agree more transparency is needed

Hedge funds are the latest sector of the financial industry to be grilled by Congress

Things must be bleak if hedge fund managers are agreeing to greater oversight - which they did in a hearing on the Hill this week. But given the scale of the fallout from the US subprime crisis they, along with many others in the financial services industry, see the benefits greater transparency can bring to maintaining stable economies and a healthy global financial system.

On a lighter note, OpRisk & Compliance magazine celebrates its tenth anniversary in January and to celebrate we are

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