SEC Chairman Gensler Takes Aim at Hedge Funds and Implements New Rules.
TL;DR Summary
SEC Chairman Gary Gensler has warned that the growing importance of hedge funds and private equity funds to the US economy requires stricter oversight of the sector by federal regulators. The SEC is scheduled to vote on adopting a proposal that would require private funds to promptly report major market events.
- SEC's Gensler warns 'tremors' in hedge fund sector could threaten U.S. economy MarketWatch
- US private funds face more disclosures under new SEC rule Financial Times
- Big Hedge Funds Face New 72-Hour Deadline to Report Major Losses Yahoo Finance
- SEC votes to arm investors with daily stock buyback data MarketWatch
- SEC's Gensler Blasts Hedge Fund Fees as Agency Readies New Rules Bloomberg
- View Full Coverage on Google News
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