Staff of the SEC’s Division of Investment Management recently issued guidance to assist registered investment advisers in applying the “testimonial rule” to the use of social media.
With disclosure requirements, registration, and other filings mandated by the Dodd-Frank Act, the SEC has “a wealth of information on private funds.”
The Hennessee Hedge Fund Index gained 1.5% in the first quarter of 2014, beating the S&P 500.
February proved to be a strong month for hedge fund inflows, with $24.3 billion new investments.
Report notes that 25.6% of rulemaking requirements have not yet been proposed.
The latest news on legislative and regulatory issues affecting the hedge fund industry from Washington, D.C. and beyond.