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Rules of Practice, April Archive Version Securities and Sec  Form

Rules of Practice, April Archive Version Securities and Sec Form

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yesterday the Securities and Exchange Commission finalized a rule that represents the most sweeping regulatory overhaul of the private funds industry in decades the rule essentially significantly increases the disclosure requirements of private equity and hedge funds specifically as it relates to investor information including performance costs and fees on a quarterly basis proponents to the rule note that this is an unheralded transparency into an industry that has long kept its Secrets close to itself detractors of the rule note that it will significantly increase the Regulatory and compliance costs of these firms decrease in competition and dissenting SEC commissioner Hester Pierce noted that the rule was a historical unjustified unlawful impractical confusing and harmful so interesting times ahead for private equity

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