The FSA is to issue a discussion paper on how hedge fund vehicles should be marketed to UK reta...
The FSA is to issue a discussion paper on how hedge fund vehicles should be marketed to UK retail investors. The regulator is considering regulating the UK hedge fund industry and its discussion paper, due for July or August, will invite industry comments. Hedge funds are not currently regulated by the FSA as they fail to meet its criteria. Most hedge funds do not want to meet these standards in the belief they restrict investment freedom. An FSA spokesman said that in practice, it will be difficult to regulate offshore hedge funds but products that satisfy predetermined criter...
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