EU Lays Out New Rules for Hedge Funds

The European Commission Wednesday proposed new disclosure requirements for hedge funds and private-equity firms managing more than €100 million ($131 million) in assets, a cutoff sharply lower than the regulator initially considered.

The commission as recently as last week circulated a plan that would have required investment-fund mangers with more than €250 million in assets to register with regulators, providing information on their holdings, fees and the amount of money they borrow to boost their potential returns.

Read Full Article from Wall Street Journal

- Posted: 2009-04-29 08:04:40

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