Anti-fraud rule in effect
A rule took effect Sept. 10 that clarifies the SEC’s ability to go after hedge fund advisers who make false or misleading statements to investors.
A rule took effect Sept. 10 that clarifies the SEC’s ability to go after hedge fund advisers who make false or misleading statements to investors. The new rule ― which also applies to private equity funds, venture capital funds and mutual funds ― makes it illegal for those advisers
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