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SEC sees legal action from 6 groups over private fund rules

SEC sees legal action from 6 groups over private fund rules
The new stipulations oblige private funds to submit quarterly fee and performance reports on top of annual audits. Additionally, funds must disclose specified fee structures and curb the preferential treatment of some investors, especially regarding portfolio disclosures and cash-out abilities. This industry administers around $20 trillion in assets. Gary Gensler, the SEC chair, stated these […] The post SEC sees legal action from 6 groups over private fund rules appeared first on LeapRate... Read More
Posted: Sep 4 2023, 10:06
Author Name: leaprate
Views: 111651

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