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View Full Version : Hedge-Fund Regulation Splits G-20 as Conference Begins



Silverbird
03-21-2009, 09:02 AM
[Silverbird Note: be careful what you read into opening statements. These are NOT final negotiating positions. These are the frozen dramtic poses reminicent of Kabuki (with quick furtive glances to see reactions), and little is on the table yet. But you can hear "themes". With that in mind....]

Finance ministers of 20 of the world's leading countries were split over how aggressively to regulate hedge funds as their conference on repairing the global financial system began Friday, showing the difficulty they face in hammering out any broad agreements.

Several European countries want the funds to be overseen similarly to banks, while U.S. and U.K. officials favor more disclosure over more regulation.....
http://online.wsj.com/article/SB123699227525026981.html