The Managed Funds Association has called on the Securities and Exchange Commission (SEC) to reform or withdraw several regulations implemented during former Chair Gary Gensler‘s tenure, signaling a potential shift in the regulatory landscape under interim Chair Mark Uyeda.
What Happened: In a letter to Uyeda, President Donald Trump‘s pick for the position, the private fund industry group outlined 10 recommendations aimed at “reducing costs and burdens on market participants and improving the efficiency of the financial markets,” reported Reuters.
The MFA’s push comes amid a broader pullback from Gensler’s regulatory approach. Private fund associations have already successfully challenged some SEC rules in …
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