Calling SEC Investor Rule Discriminatory, House Republicans Plot Fresh Push to Open Up PE and Hedge Funds to the Masses
Also, crypto and private funds are SEC inspection priorities; DeFi advocacy group calls out OFR blog
As the new leaders of the House Financial Services Committee, Republicans are wasting little time showcasing their priorities – and looking for ways to take on SEC Chair Gary Gensler. Today, Ann Wagner used her first hearing as chairwoman of the capital markets subcommittee to demand an overhaul of the agency’s 40-year-old standard that requires investo…