Hedge funds to face more scrutiny after Europe squeeze
Wealth Bulletin – Regulators will this week agree broad principles for clamping down further on hedge fund managers, after the European Commission proposed more draconian constraints on their activities.
At the 34th annual meeting of the International Organisation of Securities Commissions, starting today and hosted by the Israel Securities Authority and the Tel Aviv Stock Exchange, the hedge fund industry will come under the regulatory scanner. Greg Tanzer, secretary-general of Iosco, said: “Rules on hedge funds and short-selling will be finalised in Tel Aviv.
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