SEC Warns Private Credit Valuations Need More Scrutiny As Market Expands
The SEC is putting private-credit managers on notice that a lack of readily available market data does not excuse weak valuation work as the asset class becomes a bigger part of investment portfolios.
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Why It Matters
The SEC is telling private credit managers they must do better work checking their valuations. When something is hard to price, that is no excuse for sloppy math or guessing.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.