NYSIF Supports SEC’s Proposal To Reform Private Funds
Sends SEC Letter Supporting Measures to Protect Investors and Increase Transparency of Private Equity, Venture Capital, and Hedge Funds
NYSIF announced today that it has sent a letter to the Securities and Exchange Commission (SEC) in support of the SEC’s proposal to strengthen private funds regulation, including private equity, venture capital, and hedge funds. If adopted, the proposal would require private fund advisers to provide investors greater transparency into fees, expenses, and fund performance and prohibit them from engaging in certain activities that harm investors.
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