Wednesday, 25 November 2015
Last updated 1 hour ago
Aug 4 2006 | 12:00am ET
Some may have grumbled loudly,but hedge funds registered with the Securities and Exchange Commission in droves before an appeals court tossed out the rule requiring them to.
According to a survey by the Investment Adviser Association and National Regulatory Services, hedge fund registrants pushed the number of advisers registered with the regulatory agency up 19.5% this year, compared to about 7% in prior years. Of the 1,600 newly-registered advisers, at least half managed one or more hedge funds.
The survey reports that, as of April 7, more than 2,400 hedge fund advisers had registered with the SEC. How many stay registered, should the latest decision by the courts not be reversed, remains to be seen.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…