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Like it or not, a new sheriff is in town — the town being Washington, the sheriff being the Obama administration — and in all likelihood the federal government this year will begin requiring hedge funds to register, though it’s not clear what that means (see "Here Come the Feds").

Like it or not, a new sheriff is in town — the town being Washington, the sheriff being the Obama administration — and in all likelihood the federal government this year will begin requiring hedge funds to register, though it’s not clear what that means (see "Here Come the Feds").

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