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Hedging your bets? — An overview of the legal aspects of hedge funds

Bujtár, Zsolt and Kecskés, András (2017) Hedging your bets? — An overview of the legal aspects of hedge funds. Hungarian Journal of Legal Studies, 58 (4). pp. 458-475. ISSN 2498-5473

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Abstract

Hedge funds are a controversial element of the global financial system, as their activities can affect countries’ economies to a great degree. Therefore, it is important to gain insight into their operation. The aim of the article is to give an overview of some legal aspects of hedge funds and starts with a definition of hedge funds, whilst also giving a historical overview of their genesis. The following parts outline the legal framework for hedge funds in the USA and the European Union. The conclusion is that regulation for hedge funds are flexible in spite of the reforms in the legal framework after the events of the financial crisis, which still makes them an attractive proposition for the ‘high society’ of investors.

Item Type: Article
Subjects: K Law / jog > K Law (General) / jogtudomány általában
Depositing User: László Sallai-Tóth
Date Deposited: 06 Jun 2018 07:18
Last Modified: 31 Dec 2019 00:26
URI: http://real.mtak.hu/id/eprint/80361

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