Only One Percent Of Hedge Funds Plan To Advertise

There has been a lot of hype for the JOBS Act and the changes it could bring to the hedge fund community. Many had high hopes for the act, which would allow hedge funds to advertise. But when the rules were put into place in September 2013, investors could barely tell the difference. At the time, Ron Geffner (whose New York-based law firm, Sadis & Goldberg, represents more than 600 hedge fund managers worldwide) told StreetID that it was too soon to determine the usefulness of the legislation. Fast-forward to January 2014. By now, some had thought that at least…