Manny Roman, a leading figure within the hedge fund industry recently highlighted the need for tighter regulation of the hedge fund industry within the US, in order to avoid future scandals. Nicola Smith, CEO of fund administrator, Helvetic commented: “In 2008 the collapse of the financial sector and the discovery of the Madoff scandal triggered a worldwide sell-off of risk assets which brought financial markets to the brink of a meltdown. The blame was quickly…
Source: RealWire
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