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Hedge funds do not want to run afoul of the SEC rules on marketing. Even though these rules were relaxed in 2013, the risk of revocation is there. http://www.ne
by BickNowstrom 10y ago
Hedge funds do not want to run afoul of the SEC rules on marketing. Even though these rules were relaxed in 2013, the risk of revocation is there. http://www.newyorker.com/business/currency/why-arent-hedge-funds-advertising http://www.newyorker.com/business/currency/why-arent-hedge-f...
I bet they show potential investors their returns. But to the public? That may be both iffy and unnecessary.
- bluetwo 10y agoShowing returns isn't the same as making a public offering. This article doesn't even claim that. Hedge fund managers do it on CNBC all the time without running afoul of the law.