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Novus Comes Out Swinging Against the New SEC 13F Proposal

Hundreds of commenters oppose raising the AUM threshold for filing 13Fs, which they say would impede hedge fund due diligence.

Hedge fund data analytics firm Novus Partners has added its name to the growing list of opponents to the proposed Securities and Exchange Commission rule change that would raise the asset threshold of firms required to file quarterly 13F disclosures to $3.5 billion, up from $100 million.The proposed change, which

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