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SEC Signals Opening For Private Fund Investment Reform

By Nicole Simon and William MacGregor ( June 9, 2025, 1:41 PM EDT) -- At SEC Speaks on May 19 and 20, the staff of the U.S. Securities and Exchange Commission publicly signaled that it is walking back a long-standing limitation restricting certain closed-end funds from investing in underlying private funds, opening the door for registered funds of private funds to be offered broadly to true retail investors....

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