This just in – hedge funds are important liquidity providers…
The Financial Stability OversightCouncil wrote in a draft report that without hedge funds in the market, well the markets might freeze. It seems that these folks figured out that hedge funds provide liquidity when other market participants sit on the sidelines. According to Bloomberg News, the The 80-page report is a preliminary draft that, does not make any reccomendations but does provide insight into how Federal Reserve Chairman Ben S. Bernanke, Treasury SecretaryTimothy F. Geithner and other regulators will determine which firms are important to the markets. The council was created as part of the Dodd-Frank law and should make its rulings later this year. Does this sound a bit familiar?
Regulation, structures, marketing audit, tax and administration are the topics we will be talking about at the next HEDGEAnswers Conference Call on March 16th. You can register by clicking on this link. The conversation will be fast and furious. Get in on the discussion. Register today!