WASHINGTON, April 20 (Reuters) – The U.S. Securities Exchange Commission and Commodity Futures Trading Commission on Monday jointly proposed reforms to Biden-era regulations on enhanced disclosures by the $26-trillion-dollar private fund industry, the SEC said in a statement.
“A key pillar of my agenda is restoring balance to disclosure obligations and reducing the cost of compliance wherever possible,” SEC Chairman Paul Atkins said.
(Reporting by Douglas Gillison in Washington)
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