Federal Court Overturns SEC Rules on Private Fund Fee Disclosures

In a ruling, the US Fifth Circuit Court of Appeals in New Orleans invalidated the SEC’s regulations mandating hedge funds and private equity firms to disclose quarterly fees and expenses. This decision marks a notable defeat for the Securities and Exchange Commission, which has been pushing for increased transparency in the private funds industry. Court The post Federal Court Overturns SEC Rules on Private Fund Fee Disclosures appeared first on CoinGape .