Hedge-Fund Plan Unveiled ; 'Best Practices' Guidelines Met with Some Criticism
The Record, Bergen County, NJ › April 26, 2008
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Summary
WASHINGTON Managers of hedge funds would have to improve the operating procedures of the giant pools of capital in such areas as transparency and risk management under new proposals offered Tuesday.
Two advisory groups assembled by the Bush administration proposed new "best practices" for the hedge fund industry, but a leading critic attacked the effort as falling far short of the mandatory government regulations that are needed.See the full content of this document
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Hedge-Fund Plan Unveiled ; 'Best Practices' Guidelines Met with Some Criticism
One set of the recommendations was prepared by hedge fund managers and the other was put together by investors who use...
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