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Hedge fund managers are allowed much greater leeway with derivatives and leverage, for example.
Also, almost invariably, managers are allowed to cash out their options as soon as they are vested.
But critics fear that loosening restrictions could also leave some investors open to fraud if unscrupulous money managers are allowed to appeal to the least sophisticated among them.
Mr Hurd prefers to stand when he talks rather than sit; he wears crisply knotted ties while his managers are allowed open-collared shirts.
It has more than 100 branches around the country and managers are allowed to tailor rates on savings and loans to individual customers.
DealBook » S.E.C. Proposes Allowing Hedge Funds to Advertise | "Critics fear that loosening restrictions could also leave some investors open to fraud if unscrupulous money managers are allowed to appeal to the least sophisticated among them," Azam Ahmed reported.
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"Most prime fund managers are allowing existing euro zone exposures to run off," the analysts wrote.
No trainers or managers were allowed to enter.
"Former managers were allowed to run amok like kids in a sweet shop," he said.
More still could be done if farmers and land managers were allowed to receive other funding, currently only available to conservation groups.
"Clear direction was given to stores that volunteer salaried managers were allowed to enter and undertake certain limited preparations for opening at 1pm," a Woolworths spokeswoman told Fairfax.
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