Noyer says hedge funds may raise abuse risk

European Central Bank Governing Council member Christian Noyer said in a report released on Monday 16 April that hedge funds add to market efficiency but can increase the risk of market abuse.

"The role and the influence of hedge funds on markets are capable of increasing the risk of market manipulation and abuse," he said in the Bank of France report on hedge funds.

Noyer said more information could be provided on the markets in which hedge funds operate.

"Authorities can no doubt encourage an

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