PE and Hedge Funds Have Made a Killing on Private Markets. The Left -- and an SEC Commissioner -- are Pressing for Reforms.
Also, SEC advisory panel to discuss financing options for private companies; Glass Lewis responds to Republican AGs
The common wisdom is that SEC Chair Gary Gensler‘s crowded regulatory agenda has pleased Democrats to no end. But that’s not exactly the case. There’s actually a growing frustration among a number of his progressive allies about what they see as his failure to take on one of their top priorities – setting stricter rules for the private markets and reini…