PAUL ATKINS
"We do not know what information we want or need. I cannot imagine that we will figure this out in the next 60 days"
The following is an eidted version of the statement from Paul Atkins, SEC commissioner, who voted against the SEC's proposal in June to have all hedge funds managing more than $25m registered.
"In a well-intentioned effort to be proactive, we are proposing a rule that compels advisers to thousands of hedge funds to register with the Commission.
The consequences of this action are far-reaching. We cannot hide from the fact that this apparently simple proposal creates a new regulatory regime. I fear
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