{"id":4729,"date":"2006-07-14T00:00:00","date_gmt":"2006-07-14T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-fund-conflicts-still-largely-kept-secret-san-diego-daily-transcript-subscription","status":"publish","type":"post","link":"https:\/\/staging.hedgeco.net\/news\/07\/2006\/hedge-fund-conflicts-still-largely-kept-secret-san-diego-daily-transcript-subscription.html","title":{"rendered":"Hedge fund conflicts still largely kept secret &#8211;"},"content":{"rendered":"<div class=\"StoryBody\">  San Diego Daily Transcript &#8211; When an adviser, consultant or broker recommends a hedge fund or fund of funds, he or she may not be pitching the best investment for you because there&#8217;s a commission  at stake.<\/div>\n<div class=\"StoryBody\">  &nbsp;<\/div>\n<div class=\"StoryBody\">  Except for broker-dealer suitability rules and modest disclosure of conflicts, the hedge fund industry is largely unpoliced, so few know the extent of this problem.<\/div>\n<div class=\"StoryBody\">  &nbsp;<\/div>\n<div class=\"StoryBody\">  Of the more than 8,000 funds in the $1.2 trillion business, only 2,456 have registered with the U.S. Securities and Exchange Commission as of April 30, the agency reported. That means the majority  of the industry is not being watched by the chief securities regulator.<\/div>\n<div class=\"StoryBody\">  &nbsp;<\/div>\n<div class=\"StoryBody\">  With a U.S. appeals court ruling on Friday that the SEC doesn&#8217;t have the power to regulate these vehicles, the agency&#8217;s authority would be even weaker, unless the ruling is overturned.<\/div>\n<p><a href=\"http:\/\/www.google.com\/news\/url?sa=T&amp;ct=us\/6-0&amp;fd=R&amp;url=http:\/\/www.sddt.com\/News\/article.cfm%3FSourceCode%3D20060714cre&amp;cid=0&amp;ei=3mW3RI6iGZP2oAKeqPy_BA\">Read CompleteArticle<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>San Diego Daily Transcript &#8211; When an adviser, consultant or broker recommends a hedge fund or fund of funds, he or she may not be pitching the best investment for you because there&#8217;s a commission at stake. &nbsp; Except for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-4729","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=4729"}],"version-history":[{"count":0,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4729\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=4729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=4729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=4729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}