BRUSSELS — E.U. finance ministers delayed a decision on new rules for hedge funds Tuesday in a reprieve for Britain, which fears that too-tight regulation could drive the industry from London. The ministers, meeting in Brussels, decided to take a couple more months to try to reach consensus on the issues, according to E.U. diplomats. The diplomats spoke on background before an official announcement by ministers. “It’s a good outcome for U.K.,” said an official from the...
Full Story: The New York Times
