The debate over the regulation of hedge funds will come to a head later this month as the Securities and Exchange Commission plans to hold a vote at its meeting on Oct. 26, sister publication Securities Industry News reports.

The proposed rule, issued by the SEC in July, would require hedge fund advisers to register under the Investment Advisers Act of 1940. The proposal has been met with fierce opposition from the hedge fund industry, which has launched a concerted effort to defeat it.

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