EU's Hedge Fund Rules Could Hurt US Managers

Law360, New York (May 20, 2010, 7:05 PM EDT) -- Attorneys and financial industry insiders say they fear that a package of restrictions pushing ahead in the European Union would limit the ability of hedge fund managers in the U.S. and elsewhere to market products to European investors.

The proposed new regulations — long discussed in the wake of the worldwide financial crisis — threaten to hurt the business of U.S.-based hedge funds, private equity funds and other alternative investment funds by limiting access to an important corner of the globe, and they come at a...
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