NJ – As federal regulators grapple with new rules from last year’s financial overhaul, hedge funds and other investment advisers have been dealing with tightened — yet not closed — loopholes that allow many to avoid oversight.
Before last year, many hedge funds — private funds that utilize sophisticated strategies designed to offset losses during a market downturn and/or generate returns higher than traditional stock and bond investments — did not need to register with the Securities and Exchange Commission.
