TheStreet – George Soros’ decision to return money from his hedge fund to outside investors has sparked worry that new regulations under Dodd-Frank will push hedge funds deeper into the dark.
Soros will return about $1 billion to outside investorsby the end of the year, but will continue to operate Soros Fund Management with about $25 billion in family assets. Instead of this being a retirement from money management, the move is viewed as an avoidance of stricter rules hedge funds will face next year.
