Law & Finance by Etay Katz
Law and Financial Markets Review, Mar 2009
The revelation en masse of fraudulent schemes among US asset managers has led many to question wh... more The revelation en masse of fraudulent schemes among US asset managers has led many to question whether regulators could have exercised more effective oversight and, if so, what shape such oversight should have taken. US lawmakers have reintroduced legislation that would make a large number of hedge fund and other asset managers with links to US investors register as investment advisers under the US Investment Advisers Act of 1940, among other measures. Studied scrutiny of the Advisers Act suggests that, despite its virtues, it does not sufficiently segregate functions where
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Law & Finance by Etay Katz