Survey Says Hedge Funds Generally View Dodd-Frank Favorably

While many in the financial community have decried the stifling regulation and suffocating oversight of new Dodd-Frank rules, a new survey, by Hofstra University and EisnerAmper, finds that hedge fund managers, especially big fund managers, accept and even welcome the additional scrutiny brought on by SEC registration. Increased transparency during the due diligence process and with regard to risk management procedures and reporting requirements have given a new pool of investors, both individual and institutional, the confidence to consider hedge funds for the first time. Of the forty managers interviewed for the survey about half advised funds of over $1 billion. Smaller funds, especially those under $10m were under-represented.