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SEC to propose broad disclosure rules for hedge funds and private equity
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fnlondon.comUS regulators are set to propose expansive new requirements for private investment funds as part of a widening effort to police a fast-growing but relatively opaque corner of the capital markets.
In a meeting on 9 February, the Securities and Exchange Commission plans to vote on a proposal that would force hedge funds and private-equity funds to provide basic disclosures to their investors and guard against conflicts. If the proposal passes the Democrat-controlled commission, the agency will seek public comments for at least...
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