..defeating it's purpose? I don't think so.

"the AIC believes the directive is fundamentally flawed because its plan to cap the amount funds can borrow will actually increase risk, thereby defeating its purpose." Yes it will increase the risk ... of the nefarious Hedge Fund collapsing! But it will DECREASE the risk of the market asset prices being manipulated unethically and to the detriment of genuine investors for the long term. This legislation is one of the regulations desperately required for proper public asset market functioning.

posted by : CJ_51, 13 Nov 2009 | 19:10

EU to crack down on hedge fund managers’ pay

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