Journal of Accountancy: SEC proposes new rules for private equity (February 9, 2022)

Jeff Drew has published an article on the Journal of Accountancy, titled “SEC proposes new rules for private equity.” The article begins as follows:

The SEC revealed plans Wednesday to require registered private fund advisers to provide investors with quarterly statements detailing select information regarding fund fees, expenses, and performance.

In a news release, the SEC provided details on a 341-page proposed rule designed to increase transparency, competition, and efficiency in the $18 trillion private-equity market.

“Private fund advisers, through the funds they manage, touch so much of our economy,” said SEC Chair Gary Gensler in the news release. “I support this proposal because, if adopted, it would help investors in private funds on the one hand, and companies raising capital from these funds on the other.”

Click here to see the full article: “SEC proposes new rules for private equity.”

Posted by Anthony Tran, Associate Editor, Wealth Strategies Journal

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s