International Organization of Securities Commissions – 2007
Hedge Funds – New Regulatory Challenges – IOSCO 2007 What driver for fair value as a regulatory principle: legality or legitimacy? Fair value… “Fair” I must confess I rushed to the dictionary. I first found “pleasing to the eye”, like a fair lady, or fine and dry, with “fair weather”…Nothing about “fair play”, but many […]