OPPapers.com

Hedge Funds And Role Of Regulatory Bodies

Research Paper

Hedge Funds And the Role of Regulatory Bodies

FACULTY GUIDE

Prof. Priti Bakshi

SUBMITTED BY: Nachiket Patel Swati Choudhary Sakshi Mahajan Shoeb Ali Syed Malhar Narwadkar Amit Goyal

ITM BUSINESS SCHOOL 25/26, INSTITUTIONAL AREA, KHARGHAR, NAVI MUMBAI – 410 210
Page | 1

Letter of Acknowledgement

We are sincerely thankful to ITM Business School and Prof Priti Bakshi for giving us the chance to prepare a research paper on Hedge Funds and the Role of Regulatory Bodies. We are also thankful to her for kind support and various suggestions on many aspects and at various points of time.

Submitted By Nachiket Patel Swati Choudhary Sakshi Mahajan Shoeb Ali Syed Malhar Narwadkar Amit Goyal

Page | 2

TABLE OF CONTENTS

Topic
1. Introduction to Hedge Funds………………………………….. 1.1 Highlights of hedge funds………………………………..... 1.2 Key features of hedge funds……………………………..... 1.3 file about the hedging Industries…………………………… 1.4 Hedge fund Structure………………………………………. 1.5 Hedging strategies…………………………………………. 1.6 Some hedge fund strategies and their volatility……………. 1.7 Concerns Regarding Hedge Funds 1.7.1 Micro Prudential Concerns 1.7.2 Macro Prudential Concerns 1.8 Benefits from Hedge Funds 2. Role of Regulators……………………………………………… 2.1 Hedge Fund regulation in US……………………………… 2.1.1 Historic Legislative Structure……………………………. 2.1.2 The SEC’s 2004 Rule-making and Goldstein…………… 2.2 Hedge Fund Regulation in UK…………………………… 2.2.1 Hedge funds in UK……………………………………… 2.2.2Regulation of Hedge funds in the UK…………………… 2.2.3Focus of the FSA…………………………………………

Page
5 5 5 5 6 6 7 8 8 9 9 10 10 10 12 14 14 15 15
Page | 3

2.2.4 The 2005 report…………………………………………… 2.2.5 Formation of Hedge Fund Working Group……………. 2.3 Hedge Fund Regulation by SEBI …………………………… 3. Conclusion……………………………………………………… Bibliography & Reference……………………………………..

15 16 17 19 20

Page | 4

1. INTRODUCTION TO HEDGE FUNDS A hedge fund is a fund that can take both long and short positions,...