House Treads Lightly on Hedge Funds: Backs Off Idea of Regulation, Registration

While no legislative action is being taken against hedge funds for now, "We have to remain on top of the issue and [be] aware of the problems and risks," [Barney Frank] said. "We're not rushing to register and regulate hedge funds," he said. Nonetheless, Frank qualified that...

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Bibliographic Details
Published in:Investment management weekly 2007-07, p.1
Main Author: Papini, Jessica
Format: Article
Language:English
Subjects:
Fiduciaries
Financial markets
Hedge funds
Investments
Mutual funds
Pension funds
Regulation of financial institutions
Working groups
Online Access:Get full text
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Summary:While no legislative action is being taken against hedge funds for now, "We have to remain on top of the issue and [be] aware of the problems and risks," [Barney Frank] said. "We're not rushing to register and regulate hedge funds," he said. Nonetheless, Frank qualified that by adding, "Regulation shouldn't be a bad word."
ISSN:0896-8500