Differences between hedge funds and mutual funds are that a. hedge funds are only subject to minimal SEC regulation. b. hedge funds are commonly structured as private partnerships. c. hedge funds are typically open only to wealthy or institutional investors. d. hedge funds are only subject to minimal SEC regulation, are typically open only to wealthy or institutional investors, fund managers can pursue strategies not available to mutual funds such as short selling, heavy use of derivatives, and leverage, and are commonly structured as private partnerships. e. hedge fund managers can pursue strategies not available to mutual funds such as short selling, heavy use of derivatives, and leverage