Passed event: CFA Society New York: Financing and Counterparty Management: The Changing Landscape for Hedge Funds, 6.10.2021
Members event
date & time
06/10/2021 7:00-8:30 pm EEST
Attendance fee: free
The hedge fund industry once again faces the prospect of renewed regulator interest and potential policy change.
Recent high-profile hedge fund stories have garnered attention for hedge funds and generated concerns over the levels of exposure enabled by banks’ prime brokerage departments. This level of scrutiny recalls changes the industry experienced after the 2008 financial crisis, when new regulation revised requirements on banks’ prime brokerage departments, affecting the scope of services they were able to provide to their clients and the relationship with the hedge fund managers more broadly.
In the years that followed, the hedge fund industry went through a process of change and maturity to adapt to the current environment. Now, in the wake of these new concerns, the industry once again faces the prospect of renewed regulator interest and potential policy change. What are the implications of this increased attention for key players in the hedge fund space, including the funds themselves as well as prime brokers and regulators?