Against the grain


The Securities and Exchange Commission's (SEC) July 14 announcement that it was considering making registration mandatory for all US-based hedge funds larger than $25 million has been met by a fair amount of resistance. In an email to SEC chairman William Donaldson, SEC Commissioner Paul Atkins expresses his misgivings regarding registration and mitigating potential hedge fund fraud, and his assertion that the SEC should be concentrating its efforts on overseeing current regulations, not

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