Wednesday, April 25, 2007

S.Africa regulators plan hedge fund regulation

(Reuters) - South African regulators planned to bring the hedge fund sector within the scope of current legislation to increase investor protection, the Reserve (Central) Bank said on Wednesday.

The bank said in its quarterly Financial Stability Review for the three months to end-March, that regulator the Financial Services Board (FSB) was in talks with stakeholders in the industry.


Read more at Reuters Africa

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