SEC ‘exceeded’ authority on fee disclosures, US appeals court rules

A US appeals court has overturned an SEC rule mandating hedge funds and private equity firms to increase transparency on fees and expenses, stating the regulator exceeded its authority. The post SEC ‘exceeded’ authority on fee disclosures, US appeals court rules appeared first on Crypto Briefing.

Jun 6, 2024 - 12:30
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SEC ‘exceeded’ authority on fee disclosures, US appeals court rules

A US appeals court has overturned an SEC rule mandating hedge funds and private equity firms to increase transparency on fees and expenses, stating the regulator exceeded its authority.

The post SEC ‘exceeded’ authority on fee disclosures, US appeals court rules appeared first on Crypto Briefing.