Regulatory Alerts2026-03-04 | RG-240RG 240 Hedge funds: Improving disclosure
The Australian Securities and Investments Commission (ASIC) issued Regulatory Guide 240 to establish guidance for improved disclosure by hedge fund issuers and sellers. The guide requires enhanced information provision to help investors and their advisers understand and assess these products for informed decision-making. ASIC explicitly states that this focus on disclosure does not imply that hedge funds are suitable for all or most retail investors.
Issued 5 March 2026
This guide is for those involved in the issue and sale of hedge funds. It sets out our guidance for improved disclosure to investors to help them understand and assess these products.
In seeking to improve disclosure, ASIC aims to ensure that investors and their advisers have the information they need to make an informed investment decision. However, this should not be regarded as an indication that we consider these products to be suitable for all or most retail investors.
Download RG 240 (PDF 627 KB)
Read the regulation impact statement (PDF 261 KB)