House rules

With the publication on 21 August by the FSA of its Discussion Paper on the way in which hedge funds are regulated in the UK, increased media attention has been focused on the hedge fund community.

The Paper focuses on four main areas: marketing hedge funds in the UK; regulation of hedge fund managers; short selling and other market confidence issues; and money laundering. This article gives a brief outline of these and looks in more detail at the FSA's suggestions on marketing hedge funds.

In Bri