SEC proposes hedge fund registration rules


The Securities and Exchange Commission (SEC) has outlined its proposed framework for regulating hedge fund managers, implementing the provisions of the Dodd-Frank Act on financial reform.

Hedge fund managers with over $150 million in assets will have to register with the SEC and provide regulators with more information about their businesses, including details of the type investors of their funds.

Hedge funds will also have to provide the SEC with names of their service providers, such as prime