SEC Proposes Allowing Investment Advisers To Charge Performance Fees To More Clients In Effort To Spur Retail Investment In Private Assets; Allowing Closed-End Funds To Offer Shareholders Monthly Net-Asset-Value Repurchases To Spur Retail Investment In Private Assets
https://www.sec.gov/newsroom/speeches-statements/atkins-statement-open-meeting-093026
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Why It Matters
The government is making it easier for money managers to earn fees based on performance. This could let more regular people invest in private companies and funds.
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