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Is it my imagination, or is the U.S. SEC cracking down on fund managers? (Video)

BuzzThe U.S. Securities and Exchange Commission has been in the news a lot lately--cracking on down on hedge funds and levying some heavy fines. How much of this is hype vs. reality?

Compliance expert Michael Minces, Blue River Partners, says this is the most aggressive SEC he has seen in his entire career. In this video, he explains why he believes the SEC is out to prove itself and what this means for fund managers.