Below the radar

Of all the current and pending regulatory mandates buy-side and hedge fund managers are grappling with these days, the pending Basel II capital adequacy Accord seems much less pressing a concern compared with the US Securities and Exchange Commission (SEC) hedge fund registration requirements, the anti-money laundering provisions of the USA Patriot Act and the Sarbanes-Oxley corporate governance law. On the face of it, the Basel Accord primarily targets the banking sector, and will r

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