Regulation

The head of the British Financial Services Authority had some surprisingly kind words for the hedge fund this week, arguing that there is no need for further regulation of the industry.

Irish and Chinese regulatory authorities today signed an agreement which will allow Chinese investors to invest in Irish-domiciled funds, opening up Irish-managed and administered funds to one of the world’s largest pools of private capital.

The main U.S. hedge fund industry group has tough words for U.K. regulators in a transatlantic lobbying effort.

An internal inquiry has found that the Securities and Exchange Commission erred in its investigation of alleged insider trading at hedge fund Pequot Capital Management, with disciplinary action recommended for three high-ranking officials at the SEC.

Investor and regulatory pressure will cause the hedge fund industry to be more transparent about its operational controls with investors, according to a new PricewaterhouseCoopers report.

The Securities and Exchange Commission’s ban on shorting financial stocks, much derided by the hedge fund community, will come to an end this week as promised.

A majority of institutional investors think global regulators should permit short-selling of financial stocks, but most large companies support the ban imposed earlier this month.

Despite the pleas and howls of hedge fund managers, the Securities and Exchange Commission last night extended is ban on short-selling about 1,000 financial stocks as Congress struggles to pass a Wall Street bailout.

British hedge funds are indulging themselves with a few, I told you so’s.

The battle over higher taxes for hedge fund and private equity managers threatens to derail a whole package of popular tax incentives and relief for millions from higher taxes.