Hedge Funds Get Off Easy In Regulatory Overhaul, For Now

President Barack Obama’s long-awaited financial regulation reform seems to have let hedge funds off relatively easy, for the time being.

While other jurisdictions, notably the European Union, consider substantially stricter measures to limit hedge funds’ activities, the Obama plan doesn’t have any specific restrictions at all. But there are signs that the U.S. administration may eventually impose more demanding regulations on the industry should it deem such measures necessary.