Regulating the hedge fund Industry with Venky Panchapagesan, Visiting Faculty, IIMB
In the current climate with public distrust with the financial sector in general and rich individuals in many countries, there has been a lot of clamour for regulating hedge funds in the media. The Dodd-Frank Act in the United States aims to put in the necessary checks and balances to regulate the financial services industry, and ensure that enough constraints are put on ‘systemically important’ financial organizations. The Financial Stability Oversight Council (FSOC) has been created specifically for this purpose, with a wide mandate to identify such organizations and impose checks on them. One of the key questions before the FSOC is whether hedge funds qualify under the ambit of ‘systemically important’ organizations. In this guest interaction with Dr.Panchapagesan, Faculty of Finance at IIM Bangalore, Tejas quizzes him on matters ranging from how the nature of the hedge fund industry prevents effective regulation to how regulators in India and the USA may go about addressing the challenge of regulation.
Nature of the Hedge Fund Industry
The Case for Regulation
The Nature of Regulation
The Scenario in India
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