Hedge Funds Improve Efficiency, Unless Liquidity Dries Up: Fed
Most of the new regulations that have so far come out of the financial crisis have focused on the country’s largest banks, but now that attention has turned to the role of hedge funds in the market, analysts are debating both how alternatives may have affected the crisis and whether new rules are necessary.
Hedge funds' impact on markets depends on market liquidity
“Using comprehensive data on quarterly . . .
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