October 03, 2006
Yawn... Yet Another Go At Regulations
Legislators recently got the perfect excuse for taking another whack at regulating hedge funds. There is one big problem though: widespread hedge fund regulation is both impractical and unnecessary, especially when there are easy solutions that could keep ordinary consumers out of harm's way. Chicagotribune.com reports:
For individual investors, the solution for hedge fund protection is simple: raise and change the accredited-investor standards, going beyond net worth or paycheck size to create a rule requiring that no more than 10 percent of that asset total can go into a single hedge fund, with no more than 35 percent of all assets placed in hedge funds.
Read more: New hedge fund regulations not good investment
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