{"id":399463,"date":"2022-01-26T18:00:00","date_gmt":"2022-01-26T15:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/sec-regulatory-blitz-begins-with-proposals-to-tighten-rules-on-hedge-funds-private-equity\/"},"modified":"2022-01-26T18:00:00","modified_gmt":"2022-01-26T15:00:00","slug":"sec-regulatory-blitz-begins-with-proposals-to-tighten-rules-on-hedge-funds-private-equity","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/sec-regulatory-blitz-begins-with-proposals-to-tighten-rules-on-hedge-funds-private-equity\/","title":{"rendered":"#: SEC regulatory blitz begins with proposals to tighten rules on hedge funds, private equity"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3c462a29788\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3c462a29788\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/sec-regulatory-blitz-begins-with-proposals-to-tighten-rules-on-hedge-funds-private-equity\/#The_rule_proposals_could_be_the_start_of_a_busy_year_for_the_regulator\" >The rule proposals could be the start of a busy year for the regulator<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/sec-regulatory-blitz-begins-with-proposals-to-tighten-rules-on-hedge-funds-private-equity\/#Chris_Matthews\" >Chris Matthews<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#: SEC regulatory blitz begins with proposals to tighten rules on hedge funds, private equity<\/strong>&#8221;<\/p>\n<h2 class=\"article__subhead\" itemprop=\"alternativeHeadline\"><span class=\"ez-toc-section\" id=\"The_rule_proposals_could_be_the_start_of_a_busy_year_for_the_regulator\"><\/span>\n  The rule proposals could be the start of a busy year for the regulator<br \/>\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<div class=\"column column--full article__content\" role=\"region\" aria-label=\"article body\">\n<div class=\"article__side\">\n<div class=\"container--sticky not-active\">\n<div id=\"cx-next\" data-nosnippet>\n              <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div id=\"js-article__body\" class=\"article__body article-wrap at16-col16 barrons-article-wrap\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0000572220\" role=\"document\">\n<div class=\"barrons-article-ad-wrapper\">\n<div data-track=\"barrons-article-ad-wrap\" class=\"barrons-article-ad sticky_item\">\n<div class=\"barrons-main-article-ad-target sticky_target body_ad\" aria-hidden=\"true\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div data-layout=\"\n                inline\" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetArticleReader\n              \n              inline\n  article__inset\n          article__inset--type-InsetArticleReader\n              article__inset--inline\n  \"><\/p>\n<div class=\"media-object-article-reader\">\n<div class=\"audioplayer\" data-sbid=\"WP-MKTW-0000572220\" role=\"region\" aria-label=\"Listen to Article\" tabindex=\"-1\" id=\"articlereader\" data-show-title=\"false\" data-theme=\"wsj-article-reader\" data-show-header=\"false\" data-show-subscribe=\"false\" data-ads-enabled=\"true\" data-save-publication=\"false\">\n        <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>       The Securities and Exchange Commission will vote Wednesday on whether to propose new regulations requiring private investment advisers, like private equity and hedge funds, to more frequently report to the government when they suffer large investment losses or redemptions and other adverse events. <\/p>\n<div class=\"paywall\">\n       The vote on the new proposal is the first in what analysts expect to be a busy year of  rulemaking for the markets regulator, with Chairman Gary Gensler eager to expand the agency\u2019s oversight to previously unregulated corners of the financial services industry, and to require public company disclosure of risks related to climate change, workforce diversity and management and cybersecurity. <\/p>\n<p> <strong>See also<\/strong>: The SEC\u2019s next regulatory target could be index providers<\/p>\n<p>The rule proposal under consideration at Wednesday\u2019s meeting would require private funds to report within one business day when they suffer \u201ccertain extraordinary investment losses\u201d and \u201csignificant margin and counterparty default events,\u201d according to an SEC fact sheet. The rule would also require reporting of changes in cash levels, changes to relationships with a prime broker and major withdrawals or redemptions. <\/p>\n<p>Current rules require private funds to report such information only on an annual or quarterly basis, depending on the size of the fund.<\/p>\n<p>The rules are meant to enhance the capabilities of the Financial Stability Oversight Council, a consortium of financial regulators tasked with monitoring the overall health of the U.S. financial system. According to the fact sheet, the SEC\u2019s \u201cexperiences with recent market events,\u201d including the March 2020 COVID-related market turmoil and meme stock volatility in January of last year, \u201chave highlighted the importance of receiving current and robust information from market participants.\u201d <\/p>\n<p>The SEC\u2019s report on January 2021 volatility in meme stocks like <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">Game<\/a>Stop<br \/>\n        GME,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/203755179\/composite\" class=\"positive\">+5.13%<\/bg-quote><br \/>\n       and AMC Entertainment Holdings<br \/>\n        AMC,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/200235402\/composite\" class=\"positive\">+4.06%<\/bg-quote><br \/>\n       said that hedge funds \u201cwere not significantly affected by investments in [GameStop] and other meme stocks\u201d and that private funds didn\u2019t experience liquidity or counterparty issues.<\/p>\n<p><strong>Read more<\/strong>: SEC proposes tightening rules on insider trading, stock buybacks<\/p>\n<p>\u201cI support this proposal because, if adopted, it would help federal regulators to assess systemic risk,\u201d Gensler, a Democrat, said in a statement. \u201cIt would also bolster the commission\u2019s oversight of private fund advisers and the protection of investors in those funds.\u201d <\/p>\n<p>The SEC will also consider a rule that would increase oversight of communication platforms that facilitate off-exchange securities trades, typically used in the markets for bonds and some derivatives. <\/p>\n<div id=\"cx-membership-tile\"><\/div>\n<p>Companies like MarketAxess Holdings Inc.<br \/>\n        MKTX,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/202710814\/composite\" class=\"negative\">-1.60%<\/bg-quote><br \/>\n       and Tradeweb Markets Inc.<br \/>\n        TW,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/207821265\/composite\" class=\"positive\">+0.64%<\/bg-quote><br \/>\n       offer services that enable users to communicate prices at which they will buy and sell securities, but these services don\u2019t fall under the same regulatory scrutiny as national exchanges or alternative trading systems, and the new rule, if adopted, would eliminate this loophole.<\/p>\n<p>Wednesday\u2019s proposals are likely just the first in a slew of new regulations the SEC will seek to implement this year, according to Owen Tedford, research analyst at Beacon Policy Advisors. <\/p>\n<p>\u201cThese rulemakings are just the tip of the iceberg for Gensler,\u201d  he wrote in a Wednesday note to clients. Gensler has \u201cmade clear that he has a more ambitious to-do list he is hoping to achieve in 2022, including changes to when investors have to report that they have acquired 5% or more of a public company\u2019s stock and bringing cryptocurrency exchanges under the SEC\u2019s regulatory purview,\u201d Tedford added. <\/p>\n<p>The SEC\u2019s <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.reginfo.gov\/public\/do\/eAgendaMain?operation=OPERATION_GET_AGENCY_RULE_LIST&amp;currentPub=true&amp;agencyCode=&amp;showStage=active&amp;agencyCd=3235&amp;csrf_token=7CE97CC2D49C9B6B70868F7B2752E582C86F1945A4A46F34426C18AF1ABE101E611318F64B67159C3A36E7556BD0FB872C8F\" class=\"icon none\">rulemaking agenda<\/a> also indicates the agency could move to regulate index providers like S&amp;P Global Inc.<br \/>\n        SPGI,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/208931849\/composite\" class=\"positive\">+1.04%<\/bg-quote><br \/>\n       and MSCI Inc.<br \/>\n        MSCI,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/202905332\/composite\" class=\"positive\">+3.60%<\/bg-quote><span>,<\/span><br \/>\n       require companies to disclose risks related to climate change, workforce management and cybersecurity and to update rules on special purpose acquisitions companies. <\/p><\/div>\n<\/div><\/div>\n<p><\/p>\n<div class=\"byline article__byline\">\n<p>    <span>By<\/span><\/p>\n<div class=\"author mobile-scrim hasMenu\" data-scrim='{\"type\":\"author\",\"header\":\"Chris Matthews\",\"subhead\":\"The Wall Street Journal\",\"list\":[{\"type\":\"link\",\"icon\":\"bio\",\"url\":\"https:\/\/www.marketwatch.com\/topics\/journalists\/chris-matthews\",\"text\":\"Biography\"},{\"type\":\"link\",\"icon\":\"twitter\",\"url\":\"https:\/\/twitter.com\/crobmatthews\",\"text\":\"@crobmatthews\"},{\"type\":\"link\",\"icon\":\"email\",\"url\":\"mailto:cmatthews@marketwatch.com\",\"text\":\"cmatthews@marketwatch.com\"}]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"Chris_Matthews\"><\/span>Chris Matthews<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/p><\/div>\n<\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"http:\/\/www.marketwatch.com\/news\/story.asp?guid=%7B20C05575-04D4-B545-78BB-3CB83570C1CC%7D&#038;siteid=rss&#038;rss=1\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;#: SEC regulatory blitz begins with proposals to tighten rules on hedge funds, private equity&#8221; The rule proposals could be the start of a busy year for the regulator The Securities and Exchange Commission will vote Wednesday on whether to propose new regulations requiring private investment advisers, like private equity and hedge funds, to more&#8230;<\/p>\n","protected":false},"author":1,"featured_media":399464,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.mktw.net\/im-401449\/social","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-399463","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/399463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=399463"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/399463\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/399464"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=399463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=399463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=399463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}