New Rule Could Force Hedge Funds to Snitch


Hedge funds could soon be faced with additional reporting obligations. The Financial Crimes Enforcement Network (FinCEN) will reportedly propose a new rule that would require hedge funds to file formal reports upon detecting suspicious trading by staff or outside third parties.

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Topics:  FinCEN, Hedge Funds, Reporting Requirements

Published In: Business Organization Updates, Finance & Banking Updates, Securities Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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