September 29, 2012
Hedge funds due to their speculative nature should have more restrictions on what information they must make public to their prospective buyers than stock or mutual funds not less. Similarly, hedge funds should not be able to market to anyone based on as vague a term as a suspected "accredited invester". Nor should protecting the public be limited to those who might have a large income or savings thus, hedge funds due to their speculative nature should have more restrictions on who they are allowed to solicit for business than stock or mutual funds not less.