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SEC regulation: A corporate investigator's view

As institutional investors increase their allocation to hedge funds, the SEC looks set to legislate the industry to protect the interests of the ordinary investor

The US Securities & Exchange Commission (SEC) is poised to propose a rule requiring hedge funds to register with that body.

As this publication went to press, the exact terms and language of the rule had not been published, but public statements by SEC officials suggest the rule will require hedge funds to disclose certain information and submit to periodic examinations of books and records. The

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