According to Greg Schulas and Ignites, The Securities and Exchange Commission should make stricter hedge fund regulations a top priority of its 2009 agenda. That’s according to a strong plurality of Ignites poll respondents.Approximately 49%, or 230 voters, said placing more stringent regulations on hedge funds should be the first item on the SEC’s to-do list. The high ranking comes in the wake of Bernie Madoff's alleged $50 billion-plus Ponzi scheme, which has renewed calls for tougher hedge fund oversight.
With tougher oversight, more due diligence can occur--but at what cost?
How do you see this implementation working with Hedge Funds?
We'd love to hear your thoughts.