New York Times Blogs – A move by the European Commission to adopt proposed regulation for hedge funds could end up igniting a transatlantic regulatory war, one of Britain’s hedge fund veterans warned in an interview with The Financial Times.
Stanley Fink, the former chief executive of Man Group dubbed the “godfather” of the British hedge fund industry, told the newspaper that tightened regulation being proposed by the commission would be “very restrictive” for non-EU funds, and could provoke retaliation by large swaths of the industry located outside the EU.
