Finance CMBS
Treasury: Hedge Funds Need to Disclose More
April 15, 2008

Hedge funds need to be more open in disclosing what they own and asset values, urge U.S. Treasury reports just released, according to a Reuters News report. New regulations aren't advised, however. The bottom line: Let the markets work it out. That said, the reports urge better valuations, especially of complex derivatives. According to Reuters one of the committees concluded, "This report calls on hedge funds to implement these new standards, and then go beyond them, on a quarterly basis, the portion of their assets and profit (or loss) attributable to assets in each of the three levels."

 
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