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SEC proposes hedge fund registration rules

Range of new disclosures includes business practices that may present significant conflicts of interest

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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

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