The Securities and Exchange Commission may go easy on the hedge fund industry when it finalizes new disclosure rules today.
The proposed changes could increase the asset threshold at which hedge fund advisers would have to provide the most information to the regulator, Reuters reports. The proposed rule currently sets that threshold at $1 billion. Smaller hedge funds, those with at least $150 million, will be subject to less onerous requirements.
The SEC may also go easier on the largest private equity managers, allowing them to file annual reports, rather than quarterly reports.