(Reuters) - WASHINGTON, July 11 - The U.S. Securities and
Exchange Commission on Wednesday took a step to regulate the
hedge fund industry by adopting a rule to protect investors
from hedge fund advisers who make false or misleading
statements.
The rule was approved amid growing Congressional scrutiny
of the roughly $1.5 trillion hedge fund industry, which often
employs high-risk techniques to pull in tremendous returns.
Read more at Reuters.com Government Filings News
Exchange Commission on Wednesday took a step to regulate the
hedge fund industry by adopting a rule to protect investors
from hedge fund advisers who make false or misleading
statements.
The rule was approved amid growing Congressional scrutiny
of the roughly $1.5 trillion hedge fund industry, which often
employs high-risk techniques to pull in tremendous returns.
Read more at Reuters.com Government Filings News
No comments:
Post a Comment