U.K. Treasury Minister Ed Balls said that Britain will propose that financial regulators share information on investors’ exposure to hedge funds, Reuters reports.
Speaking at a conference of the
One idea would be to share the findings of the FSA’s six monthly inquiries with other regulators, he said.
The regulator doesn’t plan to ask hedge funds about their holdings, however, as doing so would imply that they are overseeing their investment decisions, Balls said.