Obama's SEC budget targets hedge fund, buyout shop managers

... oversees roughly11,000 investment advisers, including hedge funds and private equity shops, as well as 9,700 mutual funds and exchange-traded funds). All this comes as the number of registered fund managers increased by 40% over the past decade, ...

http://blogs.marketwatch.com/election/2013/04/10/obamas-sec-budget-targets-hedge-fund-buyout-shop-managers/