ABSTRACT
Today, nearly 48 percent of hedge fund managers are domiciled in the United States and most are not required to register with the SEC. However, the number of oshore hedge funds is growing faster in anticipation of tighter and stricter future SEC restrictions, along the lines of the recent, short-lived SEC registration requirement. Will this eliminate hedge fund fraud? Obviously not, especially if the barriers to entry are low and if investors are looking to hedge funds for added returns.
