Hedge Funds to Share More on Their Strategies Under SEC Rule (2)

US regulators will begin requiring hedge funds to confidentially share more information about their investment strategies.

New rules approved on Thursday will require firms to provide more details to watchdogs, including on investments, borrowing and counter-party exposure. The Securities and Exchange Commission and Commodity Futures Trading Commission described the new regulations, which were proposed in 2022, as a way to better keep tabs on risk in the financial system.

The expansion of confidential filings that big managers must submit quarterly to the US government is one of the biggest increases in regulation for the private-fund industry in a decade. ...