Hedge fund registrants on decline

Hedge fund advisers opting to register with the SEC increased by only 1.5% this year.
JUL 30, 2007
By  Bloomberg
The number hedge fund advisers opting to register with the Securities and Exchange Commission increased by only 1.5% this year, down from an almost 20% increase in registrations in 2006. The total number of investment advisers registered with the SEC hit 10,446 this year, an increase of 1.5% from last year’s figure of 10,290. The slowdown in registrations was fueled by some 732 hedge fund advisers who withdrew their registrations with the agency between April 2006 and this April. Most of the de-registrations followed a court decision that invalidated an SEC requirement for hedge fund advisers to register with the agency. Still, 1,990 hedge fund advisers have maintained their registration with the SEC. Out of that total, 150 have become registered this year. Overall, SEC-registered investment advisers also reported an all-time high of $37.7 trillion in assets under management, up nearly 20% from the $31.4 million last year. The survey was co-sponsored by the Investment Advisor Association and compliance consulting firm National Regulatory Services.

Latest News

Indie $8B RIA adds further leadership talent amid growth drive
Indie $8B RIA adds further leadership talent amid growth drive

Executives from LPL Financial, Cresset Partners hired for key roles.

Stock volatility remained low despite risk events
Stock volatility remained low despite risk events

Geopolitical tension has been managed well by the markets.

Fed minutes to provide signals on rate cuts
Fed minutes to provide signals on rate cuts

December cut is still a possiblity.

Trump's tariff talk roils markets, political leaders
Trump's tariff talk roils markets, political leaders

Canada, China among nations to react to president-elect's comments.

Ken Leech formally charged by SEC, US Attorney's Office
Ken Leech formally charged by SEC, US Attorney's Office

For several years, Leech allegedly favored some clients in trade allocations, at the cost of others, amounting to $600 million, according to the Department of Justice.

SPONSORED The future of prospecting: Say goodbye to cold calls and hello to smart connections

Streamline your outreach with Aidentified's AI-driven solutions

SPONSORED A bumpy start to autumn but more positives ahead

This season’s market volatility: Positioning for rate relief, income growth and the AI rebound