The latest WSJ.com survey of 50 plus economists showed that the just over half of respondents say proper regulation and supervision of hedge funds is lacking. Though 16 of 41 said regulation of hedge funds is fine as is, some economists think blowups such as Amaranth are just the beginning of more serious finance collapses, The Wall Street Journal reports. Over the past five years, hedge funds have doubled their assets, which now top out at roughly $1.2 trillion. Although this summer’s ruling against SEC registry requirements saved hedge funds from additional reporting rules, it seems September marked the beginning of hedge fund monitoring by the SEC via relationships with broker-dealers. However, Comerica Bank’s Dana Johnson told the WSJ fears of increased regulation are likely to make foreign investments more palatable, implying, oversight or not, it’s better to keep the money local, “We would push them offshore if we tried to regulate with a heavy hand. Better to have them onshore with light regulation.”