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SEC gives proposals a breather

Amid a flood of comments, the SEC is providing more time for public say on proposed PE rules.

Regulation: On Monday, the SEC granted an extension to the comment period on its proposed regulations for the private equity industry. Sources tell Gregg Gethard that lobbyists want the extension to run out the clock until midterm elections, when Republicans could make gains in Congress. Read on for more details.

Email prepared by Graham Bippart