Large Hedge Funds Warrant Registration And Disclosure, Says Sen. Reed

Sen. Jack Reed (D-RI) said during a conference call Monday that large hedge funds warrant registration and discolsure.

"Size and risks have been a problem," said Reed. (0:15)
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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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Sen. Reed Wants To Give Regulators Better Insight Into Private Investment

During a conference call Monday, Sen. Jack Reed (D-R.I.) said he will soon introduce an amendment to the Senate’s financial regulatory reform bill aimed at closing loopholes within the financial sector.

“This approach is designed to give the regulators better insight about size, leverage, and risk-taking, in private pools of capital and I think that is going to be helpful," Reed said. (0:13)


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