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Sebi shuts back door, opens many in front

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    • George Mathew Tags : Posted: Sunday , Oct 28, 2007 at 0414 hrs

    So valuations here can go only forward unless something dramatic happens and the investment climate changes.

    Unregulated Entities

    UK: The FSA regulates hedge fund managers in the UK but does not regulate the funds themselves

    USA: Unlike MFs, hedge funds are not regulated or required to make detailed financial disclosures. SEC regulations, therefore, usually prohibit investments in such funds by individuals with net worth less than $1 million

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