Calls for UK hedge fund regulation lose fizz

New angles

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The UK Financial Services Authority (FSA) appears to have held back from increasing its oversight of hedge funds, despite some political wrangling and strong rhetoric in the mainstream media.

The primary UK financial services watchdog first raised the issue of hedge fund regulation this year when it released a discussion paper in June warning that the hedge fund industry was especially risky as it was immature, growing rapidly and employing sophisticated investment techniques – often in new a

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