U.S. Securities and Exchange Commissioner Annette Nazareth said yesterday that "it's a little early to say" whether hedge fund registration should remain voluntary. The SEC has been feeling its way ever since the D.C. Circuit Court of Appeals struck down mandatory registration for many hedge funds in June.
"I don't think we're going to do anything precipitous," Nazareth said, adding that the SEC is still studying the issue. Nazareth's remarks came at a seminar on the post-Goldstein era held by the Managed Funds Association in New York. Phil Goldstein, the head of the hedge fund firm Bulldog Investors