Be Ready for Hedge Fund Advertisements

Hedge funds soon will be allowed to advertise their wares to potential clients.

Hedge funds soon will be allowed to advertise their wares to potential clients.

Dan Primack from CNN reports that hedge funds soon will be allowed to advertise their wares to potential clients, thanks to a provision in last year’s JOBS Act (which had no direct relation to actual jobs). As will private equity funds, venture capital funds and other alternative investment vehicles that heretofore were prohibited from general solicitation.

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