FOX – Securities and Exchange Commission Chair Mary Jo White on Friday said new financial regulations that have expanded transparency in the once-opaque world of hedge funds will benefit investors.
The Dodd-Frank banking reform bill, passed in the wake of the 2008 financial crisis, required most advisers to hedge funds and other private investment funds to register with the SEC, which White said has resulted in more information filtered to the public regarding these funds’ business operations and potential conflicts of interest.
