JOURNAL OF STRATEGIC INNOVATION AND SUSTAINABILITY
Hedge Funds-Impediments to Misconduct: An Alternative to the Proposed Hedge
Fund Transparency Act
Author(s): Jeffrey Gerber, Neil Vance, Nicole Pasteur
Citation: Jeffrey Gerber, Neil Vance, Nicole Pasteur, (2011) "Hedge Funds-Impediments to Misconduct: An Alternative to the Proposed Hedge Fund Transparency Act," Journal of Strategic Innovation and Sustainability, Vol. 7, Iss. 2, pp. 11 - 19
Article Type: Research paper
Publisher: North American Business Press
Abstract:
Current hedge fund regulation fails to provide adequate impediments to corruption. Legislative proposals address this issue; yet previously proposed legislation has proven inadequate or failed to pass, leaving this $2 trillion industry remains largely unregulated. Previously proposed legislation largely focused on registration requirements, and although these requirements demand attention, we propose a shift in the primary focus of hedge fund legislation to reporting requirements. The financial services industry carries significant impact on legislation getting passed in congress, thus for future legislation to successfully pass congress, it must encompass the perspectives of regulators as well as the financial services industry.