SIFMA Says SEC Private Fund Rule Could Stifle Innovation

By Al Barbarino (April 27, 2022, 8:02 PM EDT) -- A U.S. Securities and Exchange Commission proposal to increase private fund advisers' disclosures could stifle the innovation that made the industry a success to begin with, interfering with the ability of wealthy investors to negotiate the terms of deals, according to the Securities Industry and Financial Markets Association....

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