2003 Sound Practices For Hedge Fund Managers.
Mondaq Business Briefing › Nbr. 2003, May 2003
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2003 Sound Practices For Hedge Fund Managers.
DAVID NISSENBAUM, a partner in the corporate department, specializes in investment management, private investment funds and banking regulation. LANCE FRIEDLER is an associate in the corporate department.
The Managed Funds Association ("MFA") recently published 2003 Sound Practices for Hedge Fund Managers (the "Sound Practices") which updates the sound practices that were published for the hedge fund industry in February 2000 in response to the President's Working Group on Financial Markets. (The Sound Practices is available on the MFA website, www.mfainfo.org.) The Sound Practices contain recommendations (the "Recommendations") which are intended to provide to investment managers of "Hedge Funds" ("Hedge Fund Managers") a framework for internal policies, practices and controls which will enhance Hedge Fund Managers' abili...See the full content of this document
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