(Wall Street Journal) Federal regulators proposed measures that would significantly increase their visibility into private-equity funds and some hedge funds, the first in a range of plans to expand oversight of private markets.
The Securities and Exchange Commission voted 3-1 to issue a proposal Wednesday that would increase the amount and timeliness of confidential information that private-equity and hedge funds report to the agency on a document known as Form PF. A main goal, Chairman Gary Gensler said, is to allow regulators to better understand the operations and strategies of private funds for purposes of gauging their implications for financial stability.
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