Expert: Hedge Funds Unlikely To Be Thrilled By Rule Requiring Them To Rat Out Employees Engaging In Securities Fraud, Other Criminal Activities On Their Watch

From Dealbreaker
January 8, 2013 - 2:06pm

U.S. financial regulators are pushing to turn hedge funds into informers on the white collar crime beat. The Financial Crimes Enforcement Network (FinCEN) is working on a rule that would require U.S. hedge funds to file formal reports notifying U.S. authorities of any suspicious trading by employees or outside parties, the regulatory agency said. The rule being… Continue reading »Follow Dealbreaker on Twitter or become a fan on Facebook.Tags: FinCEN, Hedge Funds, insider-trading, money laundering, rules, snitches get stiches, The Financial Crimes Enforcement Network

Share this article »  

Continue reading this article »