Changes

Often American or British hedge funds cause unexpected changes in value in small stock exchanges of foreign countries, leading to complaints by local investors.  In one case, the [[Long-Term Capital Management]] firm received favoritism by American government officials to rescue it from financial disaster based on a failure of its hedge fund models.

Often American or British hedge funds cause unexpected changes in value in small stock exchanges of foreign countries, leading to complaints by local investors.  In one case, the [[Long-Term Capital Management]] firm received favoritism by American government officials to rescue it from financial disaster based on a failure of its hedge fund models.

A hedge fund is an investment fund limited to 100 investors.<ref>http://www.businessweek.com/2001/01_09/b3721004.htm</ref>  As only [['accredited investors']] are allowed, the reporting by such funds is exempt from may SEC reporting requirements.  While similar in many ways to mutual funds, the aforementioned lack of SEC regulation allows them to pursue much more aggressive strategies.

A hedge fund is an investment fund limited to 100 investors.<ref>http://www.businessweek.com/2001/01_09/b3721004.htm</ref>  As only those classified as an [[accredited investor]] are allowed, the reporting by such funds is exempt from may SEC reporting requirements.  While similar in many ways to mutual funds, the aforementioned lack of SEC regulation allows them to pursue much more aggressive strategies.

== Reference ==

== Reference ==