• Investment Funds Group Update: SEC Staff Recommends Registration of Hedge Fund Advisers
  • October 29, 2003 | Authors: Yvonne Y.F. Chan; Marco V. Masotti
  • Law Firm: Paul, Weiss, Rifkind, Wharton & Garrison LLP - New York Office
  • On September 29, 2003, the staff (the "Staff") of the Securities and Exchange Commission (the "Commission") issued its long-awaited report on the hedge fund industry, entitled "Implications of the Growth of Hedge Funds" (the "Report"). The Report represents the culmination of a fact-finding mission into the operations and practices of hedge funds that began in June 2002.