A recent 2017 global regulatory briefing sponsored by Bloomberg and the Hedge Fund Association (HFA) offered insight into the global regulatory climate, including liquidity management, cross-border enforcement, NFA exams abroad and cybersecurity. Greg Babyak, Bloomberg’s head of government and regulatory affairs, delivered opening remarks focused on the Trump administration and the current U.S. regulatory climate. Lisa Roitman, Bloomberg business development and marketing strategist, moderated the subsequent panel discussion, which featured Louis P. Berardocco, Senior Manager of Examinations Compliance at the NFA; Ryan Hill, Supervisory Special Agent at the Department of Homeland Security; Edward Y. Kim, partner at Krieger Kim & Lewin; Jude Scott, Chief Executive Officer of Cayman Finance; and Robert Taylor, Head of Global Asset Management Regulatory Strategy at the U.K. Financial Conduct Authority. This article summarizes the key takeaways from the program. For coverage of another HFA global regulatory briefing, see “Best Ways for Hedge Fund Managers to Approach Regulation” (May 12, 2016); and “Views on Cybersecurity, AML, AIFMD, Advertising and Liquidity Issues Affecting Hedge Fund Managers” (May 19, 2016).