July 21, 2006

Banking Committee to Hold Hedge Fund Hearing

The US Senate Banking Committee is going to hold a hearing on the possible tighter regulation of hedge funds. The hearing will be held on 25th July. Hedge funds all over the world are concerned over the outcome of the hearing. They fear that the possible regulation may have negative impact on the growing hedge fund market in the world. The hearing will involve a discussion of the current regulations covering the $1 trillion hedge fund industry. It will also contemplate possible changes in order to protect the funds' investors and stock markets.

Bobsguide reports that -

Hedge fund managers and other investment experts may potentially be called to appear in front of the committee as witnesses, although as yet no formal list of these witnesses has been drawn up.

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July 21, 2006 in Regulation | Permalink




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