What is Driving the Need for Hedge Fund Compliance?

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The SEC is watching hedge funds with increasingly sharp eye, looking for signs of fraud or insider trading. Of course, the most famous of hedge fund fraud, is the Bernie Madoff case where he put together a Ponzi scheme and defrauded friends, family and investors alike. A Ponzi scheme, named after a investor by the name of Charles Ponzi, is when one investor is paid returns based on future investors’ investments (instead of actual returns).

Hedge fund investors are now looking for more than just the promise of significant returns, they are looking for transparency.
Hedge Fund Compliance | BD Compliance