The Fed's information-sharing agreement with the Securities and Exchange Commission is not enough, and Geithner did not believe direct regulation of hedge funds is practical, but tighter supervision of the amount of risk taken on by lending to hedge funds could help prevent excessive leverage.

FORBES: Magazine Article

The Madoff case also highlights the need to improve the exchange of information within FINRA and between the SEC and FINRA, including the sharing of information about potentially fraudulent conduct at member firms.

FORBES: Wall Street Regulation Goes Hollywood