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Hedge funds are a controversial element of the global financial system, as their activities can affect countries’ economies to a great degree. Therefore, it is important to gain insight into their operation. The aim of the article is to give an overview of some legal aspects of hedge funds and starts with a definition of hedge funds, whilst also giving a historical overview of their genesis. The following parts outline the legal framework for hedge funds in the USA and the European Union. The conclusion is that regulation for hedge funds are flexible in spite of the reforms in the legal framework after the events of the financial crisis, which still makes them an attractive proposition for the ‘high society’ of investors.

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–175. 15 Gooding, P. & Tarrier, N. (2009) A Systematic Review and Meta-analysis of Cognitive-Behavioural Interventions to Reduce Problem Gambling: Hedging Our Bets? Behaviour Research and Therapy , Vol. 47

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A kapitalizmus örök?

Technológiai változások, kihívások és intézményi válaszok a 21. század gazdasági rendszerében

Everlasting Capitalism?

Technological Changes, Challenges, and Institutional Responses in the Economic System of the 21st Century
Educatio
Author:
József Golovics

alternatives. Cambridge Journal of Economics , Vol. 38. No. 6. pp. 1307–1328. https://doi.org/10.1093/cje/bet048 25 Kornai J. (1983) Bürokratikus és piaci koordináció. Közgazdasági Szemle , Vol. 30. No. 9. pp. 1025

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in the 21st century. Such a powerful signal could bet he drafting and adoption of a Framework Convention on Decent work.’ – see Van den Heijden (2018) .

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Has constitutional pluralism ever been tried out? •

On the comparative use of Article 4(2) TEU by some constitutional courts

Hungarian Journal of Legal Studies
Author:
François-Xavier Millet

, Act pertaining to the energy sector ; decision n° 2008-564 DC of 19 June 2008, Act on genetically modified organisms ; decision n° 2010-605 DC of 12 May 2010, Act pertaining to the Opening up to Competition and the Regulation of Online Betting and

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