Regulators consider opening hedge funds up to retail investors

A discussion paper due for release by th UK's Financial Services Authority this summer could take the first tentative steps toward allowing hedge funds to be marketed directly to its retail public.

The FSA paper is expected to put forth a number of options for changes to the UK hedge fund industry. Although a supplementary consultation paper would be required to change the law, one idea increasingly adopted, or under consideration worldwide, is for regulators' to regulate onshore rather than ke