SEC Officers Ready to Bag Big Hedge Funds

    

Within Dodd-Frank, there is a provision known as The Hedge Fund Transparency Act, which calls for almost all hedge funds to register with the SEC. Upon registering, the Securities and Exchange Commission will regulate, examine, audit and oversee the hedge fund industry.

Tomorrow is the deadline for SEC registration, and hedge funds are freaking out. They fear a “witch hunt” from eager SEC officers who want to root out funds that haven’t enforced the rules properly.

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