Hedgies rush to do homework as Dodd-Frank looms
Asian hedge funds are hurrying out questionnaires to their investors to determine which can be classified as 'US persons', with just two months to meet a change to Dodd-Frank rules.
Asian hedge fund managers are busily sending out questionnaires to investors to determine if they fall under the category ‘US persons’ – a new classification under the Dodd-Frank Act that will be required to comply with within the next two months.
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