Much ado about nothing?

That US-domiciled hedge funds will have to register with the Securities and Exchange Commission (SEC) is fait accompli, although the timing of registration and the leniency or harshness of the measures introduced by the SEC is, at present, a moot point. Eliot Rafkind, a partner specialising in hedge fund start-ups at international law firm Akin Gump Strauss Hauer and Feld, discusses the implications of the pending SEC registration by US hedge funds as they follow in their European