FSA Places Fund Values Under Greater Scrutiny
LONDON (HedgeWorld.com)--A speech by a top official of the U.K.'s Financial Services Authority has targeted asset valuation practices as the core of its growing oversight of hedge funds and has publicly criticized "poor experiences" in this area in the United States. The declarations came in a speech by Dan Waters,...
AIMA Comments on FSA's New Soft Commission Requirements
The Alternative Investment Management Association, in a comment submitted to the United Kingdom's Financial Services Authority, has made the case for exempting hedge fund managers from increased disclosure requirements concerning soft commission and bundled brokerage arrangements.