CRAINS BUSINESS--Just as hedge funds are celebrating another month of positive inflows and marginal performance gains, the Securities and Exchange Commission is gearing up add more than 30 new investigators to its New York office—to focus on such firms.
To do that, the agency is looking to attract former hedge fund types and analysts with hands-on investment experience, George Canellos, the SEC's regional director for New York, said last week at a Reuters-sponsored private equity and hedge fund conference.
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