Hedge fund managers are forecasting that their compliance costs will increase even more this year, according to the Financial Times.
A survey conducted by
The survey highlights that "there is a large camp of hedge fund managers and other industry observers who believe that registration is merely the first step in what the SEC envisions as a broader regulatory framework for hedge funds."
However, if the SEC imprimatur allowed hedge funds to lock in a larger sum of money from institutional investors, there might be a brighter side to the registration rule.
Greenwich polled 34 compliance officers at hedge funds based in the U.S. and Europe.
The staff of Money Management Executive ("MME") has prepared these capsule summaries based on reports published by the news sources to which they are attributed. Those news sources are not associated with MME, and have not prepared, sponsored, endorsed, or approved these summaries.