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Thorns in the foliage; Regulating hedge funds.
Financial watchdogs are making life less comfortable for hedge funds
LIFE looks pretty good in hedge-fund country. The mansions are sprawling; luxury-car dealerships--Mercedes, BMW, Maserati, Ferrari--sit cheek by jowl; and there are lots of fancy shops and cafes with faux-French names. In Greenwich, home to more than a few investment boutiques, even the local library oozes money: rows of pricey Aeron chairs cushion the posteriors of well-dressed patrons as they browse the internet on flat-screen monitors.
Nevertheless, these days it is becoming harder for hedge-fund ...
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