European Parliament backs new hedge fund rules

New EU-wide rules on the marketing of alternative investment funds overcame the formal final hurdle on the 11 November 2010 Thursday when the European Parliament adopted the directive which will impose registration, reporting and initial capital requirements on these funds.

ESO: Background information: Brussels agrees hedge fund rules http://www.europeansources.info/record/brussels-agrees-hedge-fund-rules/

European Parliament: Press Release, 11.11.10: Parliament ushers in new EU rules for hedge funds and private equity http://www.europarl.europa.eu/en/pressroom/content/20101110IPR93908

EurActiv, 11.11.10: Parliament gives green light to hedge fund rules http://www.euractiv.com/euro-finance/european-parliament-gives-green-light-hedge-fund-rules-news-499659

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