How just beastly, that beast of regulatory burden!

tete à tete: regulation

If you hoped the regulatory burden on hedge funds would ease after Phil Goldstein's taking on and winning in Bulldog's court, against the US Securities & Exchange Commission's plans to force most of the world's hedge funds to register with it, you hoped too soon. With know-your-customer and anti-money laundering, bubbling along nicely in the background, hedge funds continue to face a regulatory beast of burden, whether that be the Markets in Financial Instruments Directive (MiFID) or EU

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