Asset Manager Regulation — The SEC's Road Ahead

Law360, New York ( May 28, 2015, 1:11 PM EDT) -- The debate over asset managers' potential systemic risk has been ongoing for some years, with little agreement among the industry, U. S. regulators and global standard-setting bodies. U. S. regulators themselves have been divided the U. S. Securities and Exchange Commission has in particular been skeptical that asset managers or individual funds can be the source of systemic risk of a magnitude akin to that posed by large banks. . . .

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