Friday, 29 July 2016
Last updated 4 hours ago
Dec 6 2006 | 12:55pm ET
Registration rule or no rule, hedge funds are still facing scrutiny.
In fact, more funds than ever are being monitored by an array of regulators, according to the Hennessee Hedge Fund Manager Survey. Eighty-six percent of hedge funds are now registered with either the Securities and Exchange Commission, Commodity Futures Trading Commission, NASD or state regulators—last year, the figure was 61%.
The Hennessee survey polled 440 hedge funds, and estimates that the number of funds grew in the past year by more than 11% to 8,900.