U.S. Treas Secy Janet Yellen to revive a dormant regulatory group re hedge funds risks

Reuters with the shut the gate after the horse has bolted response.

U.S. Treasury Secretary Janet Yellen announced on Wednesday she was reviving a dormant regulatory group devoted to studying risks posed by hedge funds.

  • was directing an interagency review of whether regulators need to do more to address vulnerabilities posed by money market funds and open-end mutual funds after recent market turmoil

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