Regulation
SEC, CFTC Propose Reduced Reporting Requirements for Private Funds
The changes would undo enhanced requirements put in place under former President Joe Biden.
The changes would undo enhanced requirements put in place under former President Joe Biden.
Certain hedge fund and private equity fund advisers will now have to report specific triggering events to the SEC.
Regulators cite rapid growth and the increased complexity of the private fund industry for need to amend confidential filing rules.