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The Devil in Dodd-Frank

Will regulators be looking into hedge fund pay packages? Leading hedge fund attorney Paul Roth addresses the many ways that the recently-passed financial reform legislation could affect oversight of hedge funds.

By Paul Roth The Dodd-Frank Wall Street Reform and Consumer Protection Act will require hedge fund managers to register under the Investment Advisers Act, but that could only be its most obvious impact. The outcome on a significant number of issues—including compensation of managers, short sales, and the way advisers

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