Why Private Equity Is A Hot Topic For The SEC

Law360, New York (June 9, 2014, 10:20 AM EDT) -- In early April 2014, the U.S. Securities and Exchange Commission announced the formation of a new unit within its Office of Compliance Inspections and Examinations that will be dedicated to the examination of private equity and hedge funds. To run the new unit, the SEC asked Congress in its proposed fiscal 2015 budget for funding to add 316 additional staff members to OCIE....

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