{"id":7482,"date":"2008-04-09T00:00:00","date_gmt":"2008-04-09T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"fsa-says-hedge-fund-oversight-is-adequate","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2008\/fsa-says-hedge-fund-oversight-is-adequate.html","title":{"rendered":"FSA says hedge fund oversight is adequate"},"content":{"rendered":"<p>BRUSSELS (Reuters)- The current system of indirect oversight of hedge funds is appropriate and the sector is not the culprit behind the current market crisis, a senior market regulator said on Tuesday. <\/p>\n<p>&quot;Hedge funds are neither catalysts or drivers of current market turmoil,&quot; Dan Waters, director of retail policy at the Financial Services Authority, told the European Parliament.<\/p>\n<p>&quot;The indirect approach of supervision to hedge funds is the appropriate and cost effective one,&quot; Waters said.<\/p>\n<p>Hedge funds are currently supervised indirectly through the prime brokers, typically big investment banks, that provide them with capital.<a href=\"http:\/\/feeds.feedburner.com\/~a\/reuters\/UKFundsNews?a=qLVgla\" target=\"_blank\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~a\/reuters\/UKFundsNews?i=qLVgla\" border=\"0\" \/><\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" height=\"1\" src=\"http:\/\/feeds.feedburner.com\/~r\/reuters\/UKFundsNews\/~4\/266245868\" width=\"1\" border=\"0\" \/><br \/><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/feeds.feedburner.com\/~r\/reuters\/UKFundsNews\/~3\/266245868\/idUKNOA83570920080408\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BRUSSELS (Reuters)- The current system of indirect oversight of hedge funds is appropriate and the sector is not the culprit behind the current market crisis, a senior market regulator said on Tuesday. &quot;Hedge funds are neither catalysts or drivers of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-7482","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7482","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=7482"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7482\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}