Washington (July 23, 2004)--The Securities and Exchange Commission released for comment a proposed new rule that would require hedge fund advisers to register with the commission under the Investment Advisers Act of 1940.

The releases also proposes related rule amendments. SEC staff estimate that only 40 percent to 50 percent of all hedge fund advisers are currently registered with the agency.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access