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Univ. of Toledo College of Law

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Thursday, May 7, 2009

GAO Testifies on Hedge Funds

The GAO released testimony it presented before the Senate Subcommittee on Capital Markets on Hedge Funds: Overview of Regulatory Oversight, Counterparty Risks, and Investment Challenges GAO-09-677T,  May 07, 2009.  This testimony discusses:

(1) federal regulators’ oversight of hedge fund-related activities; (2) potential benefits, risks, and challenges pension plans face in investing in hedge funds; (3) the measures investors, creditors, and counterparties have taken to impose market discipline on hedge funds; and (4) the potential for systemic risk from hedge fund related activities. To do this work we relied upon our issued reports and updated data where possible.

http://lawprofessors.typepad.com/securities/2009/05/gao-testifies-on-hedge-funds.html

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