The US SEC has signaled tougher enforcement on private funds, with enforcement chief David Woodcock warning the regulator is focused on risks rather than volume. Key concerns include liquidity problems, fee practices, and conflicts of interest. The SEC says it will prioritize cases carefully to protect investors and markets, and expects firms to ensure representatives understand client needs and product risks.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
