US Regulators Propose Trimming Private Fund Disclosures

The SEC and CFTC jointly proposed reforms on Monday to reduce reporting requirements for the private fund industry. The move aims to lower compliance costs.

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In a significant shift for financial oversight in the United States, federal regulators have jointly proposed reforms aimed at trimming reporting requirements for the private fund industry. The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) announced the proposal on Monday, targeting regulations originally established during the Biden administration to enhance disclosures within the $26-trillion sector.

Pedestrians walk past the New York Stock Exchange on Wall Street in July 2007. REUTERS/Brendan McDermid (UNITED STATES)/File Photo
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