AI market round-up: SEC to increase HF wealth requirement

The SEC has proposed increasing the minimum net worth for an investor in hedge funds to $2.5 million from $1 million in 2007. The $2.5 million net worth minimum is to include only liquid assets. Analysts doubt that the move will have much effect.

The SEC has proposed increasing the minimum net worth for an investor in hedge funds to $2.5 million from $1 million in 2007. The $2.5 million net worth minimum is to include only liquid assets. Analysts doubt that the move will have much effect.

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