Bill Myers is Regulatory Compliance Watch’s editor. He focuses on private equity and hedge funds, based in our Rockville office. He’s been a newsman for two decades in Chicago, Cambodia and Washington DC.
The commission's Asset Management Advisory Committee has issued a series of recommendations that would help open up the market even wider to retail investors.
SEC chairman Jay Clayton wants an overhaul of the advertising rule that would bring private funds into scope by year end. The proposal has industry representatives up in arms.