This content is from: Premium

Uncle Sam Mandates Supersize Hedge Funds

Hedge funds will soon start to look a lot fatter than they actually are, thanks to a new Dodd-Frank Act requirement for reporting assets.

      SEC’s Mary Schapiro (Illustration by David M. Brinley) Hedge fund managers traditionally disclose their assets using a net asset figure, which represents actual investor capital at risk in the markets. But an emboldened Securities and Exchange Commission now measures assets as everything under an investment adviser’s roof, including proprietary assets

To continue reading, subscribe now to Premium Journalism. Already a subscriber? Login.

Related Content