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Play By The Rules, Whatever They Are

Hedge funds brace for regulation, even if it remains unclear what the overhaul will ultimately look like


By Gerelyn Terzo

June 26, 2009

While much of the nation's capital remains fixated on health care, another potentially sweeping change awaits. Hedge fund managers, who shouldered plenty of blame for the destabilization of the financial markets, have largely averted regulation until now, but those days appear to be numbered.

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