Hedge Funds

SEC to release hedge fund study soon


Hedge funds are nervously awaiting the release of a year-long study into the industry by the Securities and Exchange Commission. The report, to be published at the end of September, will address the possible need for SEC regulation. A spokesman for the financial markets' watchdog said it was safe to assume that there would be recommendations regarding the need for the SEC to get involved in hedge fund regulation. This could include the registration of managers and periodic audits by the SEC.