WSJ – The Securities and Exchange Commission will meet Friday to consider new rules to force hedge funds and other private funds to register with the agency and to undergo exams.
The SEC, which placed a notice of the meeting on its website, also will vote on proposing rules to quadruple the threshold for SEC oversight of investment advisers, to $100 million of assets under management from $25 million. Under such a move, thousands of smaller hedge funds and other investment advisers would be overseen by state regulators.
