SEC stirs up private funds (The Wall Street Journal)
FrontLine Compliance
Last week’s release of both a new SEC rule proposal and Risk Alert aimed at private funds have the industry wondering if a more heavy-handed SEC lies ahead. The release of the rule proposal followed by the Risk Alert is not by accident, states Amy Lynch, FrontLine’s Founder and President. The rule proposal would require private equity firms and hedge funds to expand the amount of information they are reporting via Form PF. On its…
