Hedge Funds Politics & Regulation

U.S. Treasury proposes hedge fund registration


All funds with more than $30 million could be required to register with the SEC.

The U.S. Treasury has proposed that all hedge funds with more than $30 million in assets be required to register as investment advisors with the U.S. Securities and Exchange Commission.

A bill submitted by the Treasury to Congress on Wednesday calls for hedge funds to routinely disclose assets, leverage and investment positions, among other information.

The Treasury plan would give similar powers to the SEC to monitor private equity and venture capital firms.

The Managed Funds Association, the largest hedge fund lobbying group, said this week that it supports the registration of investment advisors, subject to an exemption for