Yellen revives regulatory group to scrutinize hedge fund risks ...Middle East

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Yellen revives regulatory group to scrutinize hedge fund risks
U.S. Treasury Secretary Janet Yellen is reviving a regulatory working group to study risks that hedge funds pose to the financial system, she announced Wednesday. Yellen told regulators at the Financial Stability Oversight Council greater scrutiny was needed after the pandemic showed hedge funds can sometimes increase market instability.

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