Hedge fund regulation

How should alternative investment firms prepare for regulatory change?

Highlights

• New regulatory and legislative action is likely to result in greater oversight of hedge funds and other alternative investment managers.
• 
  
  
• Risk management and transparency have become increasingly important issues for both fund managers and investors—and are likely targets for reform.
• 
  
  
• Fund managers should prepare for new public policy challenges by embracing stronger governance structures, controls, and compliance policies and procedures.
• 
  
  
• Investors are demanding increased independence and oversight of the valuation process and independent verification of trades and positions.