Coming around again

The court-ordered rescinding of the SEC's hedge fund registration scheme in 2006 represented more of a dodged bullet than a fait accompli, at least from my perspective. Asset allocation inflows and institutional interest in the industry are just too great to allow the lax hedge fund regulatory regime to continue. Industry groups and associations such as the Managed Funds Association in the US, the Hedge Fund Working Group in the UK and the Alternative Investment Management Assocation (AIMA)

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