US-based crypto hedge fund Strix Leviathan’s boss Sadie Raney says the US regulator's new fee disclosure rules will boost transparency but not without creating “headaches” for fund managers and hampering the number of funds launched in the short term.

“There is a difference between transparency and understanding. The SEC’s new rules do open the door for investors to question whether service provider costs and operating expenses are too high, without truly understanding what it takes to run a hedge fund and without the ability to properly evaluate cost structures. This can certainly create headaches for fund managers," Raney told Financial News.