Hedge Fund Alert Quotes Jason Daniel on SEC Disclosure Proposals

For its article “SEC Proposals Irk Hedge Fund Industry,” Hedge Fund Alert quoted Akin Gump investment management partner Jason Daniel on proposals by the Securities and Exchange Commission (SEC) that would require new disclosures by hedge fund industry participants.

The article reports the industry’s opposition to the SEC proposals and notes that, while skeptical that the regulator will make many changes in the current political environment, Daniel said he believes it would “make more sense if they were to make the disclosure not public but to the SEC so they can still police the market” without hurting activist positions.