What the SEC report recommends
Sat Nov 1, 2003
• Requiring hedge fund management firms to register as
advisors under the Advisors Act. Such a move would effectively
raise the minimum investor asset requirement to that of
"qualified clients, or $1.5 million of net worth from $1
million of net worth". Managers would have to provide basic
ISSN: 2151-1845 / CDC10004H
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