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The rationale for this is that a large hedge fund on its

1. Classifying some of the largest hedge funds as Tier 1 financial holding companies would subject these funds to requirements regarding capital, liquidity, and risk management. The rationale for this is that a large hedge fund, on its own, could pose systemic risk to the financial system. Discuss the merits of this argument.

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Accounting Basics: The rationale for this is that a large hedge fund on its

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