Hedge Fund Regulation Not Needed | FSA Comments
Source: http://feeds.feedburner.com/~r/richard-wilson-blog/~3/430987069/hedge-fund-regulation-not-needed-fsa.htmlPosted on Friday, October 24th, 2008 | In Hedge Funds
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
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Tags: Hedge Fund Regulation Not Needed | FSA Comments, FSA, hedge fund regulations, regulations on hedge funds, regulatory hedge fund, hedge fund manager compliance, regulation
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Financial Services Authority, Hector Sants, Hedge Fund Software, Hedge Funds, Regulating Hedge Funds
 About Richard C. Wilson (http://richard-wilson.blogspot.com/)
Richard Wilson is a hedge fund consultant and head of the Hedge Fund Group (HFG). Richard writes articles on the hedge fund industry on a daily basis. Most of these articles are straight forward educational pieces on hedge fund strategies, terms & definition, trends, book reviews and interviews. Richard has written two books, The Hedge Fund Blog Book and Rainmaker. The Hedge Fund Blog Book is a collection of my blog posts downloadble for free at HedgeFundsBook.com. Rainmaker is a negotiation and sales book for investment professionals available in electronic, paperback and hardback form at Rainmaker.ws. Richard's articles have been picked up and used by Reuters, Fox Business News, HedgeCo, Hedge Fund Daily, Nielsons, Wealth Management Exchange, Investopedia.com and a couple dozen niche financial and investment focused blogs and email newsletters, most recently StraightStocks.com Richard loves networking and truly believes that if you freely give away your knowledge and lessons you have learned in business others will come to your aide when you need a favor or would like to form a business partnership. Email Richard at Richard@RichardCWilson.com |
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