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« Large Hedge Funds Warrant Registration And Disclosure, Says Sen. Reed | Main | Sen. Reed Wants To Give Regulators Better Insight Into Private Investment »
Monday
May102010

Reed: Hedge Funds With Over $100 Million Should Register With SEC

Sen. Jack Reed (D-RI) explained that through an amendment he is introducing, hedge funds that have over $100 million in assests should be required to register with the Securities Exchange Commission.

Reed says that $100 million is an appropriate standard considering the current state of the market. (0:12)
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