SEC Quietly Shelves Private Fund Rules After 5th Circ. Loss
By Jessica Corso ( November 12, 2024, 9:17 PM EST) -- The U.S. Securities and Exchange Commission has formally withdrawn rules that would have increased agency oversight of hedge funds and private equity funds after declining to appeal a Fifth Circuit decision that vacated the rules, which would have required fund advisers to disclose detailed information about their operations....
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