WASHINGTON, DC - The US Treasury has released a fact sheet outlining how it intends to move forward its regulatory reform agenda on Capitol Hill, including legislation delivered requiring hedge funds' registration with regulators.
Under the new rules, hedge funds and other private pools of capital, including private equity and venture capital funds, will have to register with the US Securities and Exchange Commission.
The Treasury claims registration will provide the additional oversight to allow federal regulators to protect investors and markets against fraud and market abuse, as well as provide a better informed picture of overall financial stability and systemic risks.
Click here to read the fact sheet.
The week on Risk.net, January 6–12Receive this by email