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Swiss Lawmakers to Debate Tougher Rules for Hedge-Fund Managers

Bloomberg – Swiss lawmakers are considering proposals to tighten regulations on hedge funds and other asset managers that will align the Alpine nation with draft European union rules.

The amendment to an act on collective investments will be debated by both chambers of the parliament in the “summer and autumn sessions” and take effect in 2013, said Nadia Batzig, a spokeswoman for the Swiss Finance Ministry in Bern.

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