{"id":12828,"date":"2009-11-05T05:24:52","date_gmt":"2009-11-05T09:24:52","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=12828"},"modified":"2009-11-05T05:24:52","modified_gmt":"2009-11-05T09:24:52","slug":"state-oversight-of-some-hedge-funds-raises-flags","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2009\/state-oversight-of-some-hedge-funds-raises-flags.html","title":{"rendered":"State Oversight of Some Hedge Funds Raises Flags"},"content":{"rendered":"<p>WSJ &#8211; Pending legislation aimed at tightening regulation of financial services would give state authorities significant clout in overseeing hedge funds, a move some regulators fear could undermine Congress&#8217;s goal.<\/p>\n<p>The House Financial Services Committee passed a bill Wednesday that gives states power to regulate all investment advisers, including hedge funds, that manage less than $100 million. The Securities and Exchange Commission would oversee larger advisers.<\/p>\n<p>Currently, many hedge funds often aren&#8217;t required to register with regulators, but do anyway. Advisers managing $25 million or more fall under SEC regulation. The House bill would shift 43% of those advisers to state regulation, and put under state purview an unknown number of additional advisers that aren&#8217;t registered now. Regulators estimate that roughly 710 advisers of private funds would move to state oversight.<\/p>\n<p><a title=\"Read Complete Article\" href=\"http:\/\/online.wsj.com\/article\/SB125738559872029865.html?mod=WSJ_hpp_MIDDLENexttoWhatsNewsForth\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WSJ &#8211; Pending legislation aimed at tightening regulation of financial services would give state authorities significant clout in overseeing hedge funds, a move some regulators fear could undermine Congress&#8217;s goal. The House Financial Services Committee passed a bill Wednesday that [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-12828","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=12828"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12828\/revisions"}],"predecessor-version":[{"id":12829,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12828\/revisions\/12829"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=12828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=12828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=12828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}