Lobbying Frenzy: Both Sides Pressed SEC Ahead of Private Funds Vote
Also, hedge fund and banking groups pan SEC's swaps disclosure rule; bank regulators to vote on long-term debt plan; Finra names new enforcement chief
While August is usually pretty quiet in Washington, the SEC’s campaign to impose new oversight on private equity, venture capital and hedge funds has provoked a heated lobbying effort – on both sides. Here’s a look at some of the last-minute jockeying, as the agency prepares to hold a public meeting tomorrow to finalize its so-called private funds rule.
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