Brussels, 26/02/2009 (Agence Europe) - Commissioner Charlie McCreevy, responsible for the internal market, reluctantly announced on Thursday 26 February during a conference to mark the end of the consultation exercise on hedge funds (see EUROPE 9809) that the Commission would be presenting a legislative proposal on hedge funds and private equity. The initiative, which is intended to be in line with the commitment taken by President Barroso, should however be developed with caution and be...