US News – Hedge funds are one step closer to officially being permitted to advertise to the general public. The burning question, though, is whether that’s cause for celebration or trepidation.
The Securities and Exchange Commission has recently put forth proposed rules that, if approved, would govern hedge fund advertising. The rules are a direct response to the JOBS Act, which contained a provision requiring that hedge funds, along with various other types of private offerings, be allowed to market their products to all types of investors.
