"Even if we assume that the Commission’s Dickensian tale of hapless and helpless investors is true, the solution is not more regulation"
The "rules will bring greater transparency to investors regarding preferential treatment, often arranged through side letters. Under the rules, advisers will be able to continue ...
It "is our imperative, our mandate, our responsibility, to protect all investors – large and small .... I have the unfortunate distinction of learning that investors of ...
The "Commission no longer is content to regulate private fund advisers to the same extent as other investment advisers. Instead, private fund advisers will be ...
"Examinations have revealed risks that advisers to private funds disclose inaccurate, incomplete or misleading information, engage in disparate treatment of investors, and often inadequately address ...
"Requiring every fund to disclose its votes implicitly pressures funds to vote, even when voting is not in their best interest"
"Through the work of the Division of Exams, the Commission has identified, among other things, many concerning examples of private fund advisers’ conflicts of interest, ...
"If we adopt today’s proposal, will we choose to redeploy Examinations and Enforcement resources away from their current focus on retail investor protection to the ...
"Private fund advisers, through the funds they manage, touch so much of our economy. Thus, it’s worth asking whether we can promote more efficiency, competition, ...
"One key reform is a proposed requirement for registered private fund advisers to provide private fund investors with a quarterly statement containing critical information about ...