Home Finance Pension Funds Push for More Disclosure Rules for Private-Equity, Hedge Funds

Pension Funds Push for More Disclosure Rules for Private-Equity, Hedge Funds

by Enochadmin

Pension plans and different institutional traders are embracing a federal proposal that will power hedge funds and private-equity funds to offer extra disclosures to traders.

College endowments, insurance coverage funds and retirement funds serving lecturers and firefighters are urging the Securities and Alternate Fee to maneuver ahead with a proposed rule that will guarantee private-fund traders obtain annual audits and quarterly statements. The rule, which has been closely criticized by the personal funds and Republicans, would additionally prohibit fund managers from passing alongside sure authorized prices and restrict the funds’ means to insulate themselves from lawsuits.

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