Xinhua – Since U.S. President Barack Obama signed the financial regulatory reform act into law on July 21, many people in Wall Street have been asking whether the new law would raise cost for hedge funds.
In a recent interview with Xinhua, Steve Loren, chairman of Sustainable Investing Committee of NYSSA, said that if the information is well safeguarded, dissemination to the wider public is limited or time lagged, the disclosure of trading and position information to the SEC may not jeopardize hedge funds’ competitive advantage.
