请问public的股票不应该regulate么？

问题如下：

Both hedge funds and private equity invest in equity stock of public or private enterprises, and there are many commonalities between them. The following statements are some of the commonalities, and one of these statements is false. Choose the false statement.

选项：

A.

Both are structured as partnerships of investors with private pooling of funds and are primarily intended for high-net-worth individuals.

B.

Both utilize leverage to invest in a variety of marketable securities.

C.

Both are less liquid than mutual funds or ETFs.

D.

Both are less regulated, and the transparency/reporting requirements are not strict.

解释：

B is false. Hedge funds normally invest in public securities (including debt, equity, and derivatives), while private equity funds invest directly in private operating companies, which are not marketable securities, nor do private equity firms apply leverage to their fund.