Friday, April 20, 2007

UPDATE 2-G7 report says hedge fund risks need more study

(Reuters) - BERLIN, April 20 - Regulators should consider asking major dealer firms to provide more information about their total exposure to hedge funds, a draft report commissioned by the G7 powers says.

The report on potential risks to financial stability from the loosely regulated $1.5 trillion global industry also urged investors and counterparties to make sure hedge funds give them frequent updates about the risks they are taking.


Read more at Reuters.com Government Filings News

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