Bloomberg – When hedge funds and private-equity funds begin to reveal their inner workings to U.S. regulators, they may have to do it under different systems for two agencies.
The new disclosures are required by the Dodd-Frank financial regulatory law and a centerpiece of federal efforts to prevent another credit crisis. They are intended to help regulators gauge the risk the lightly regulated funds could pose to the financial system. The Securities and Exchange Commission is set to vote today on final guidelines for the funds.
