SEC Discovers High Proportion of Improper Private Equity Fees
Posted on 05/07/2014
The U.S. Securities and Exchange Commission (SEC) has been looking into improper private equity fees after the authorization of the 2010 Dodd-Frank Act. Reviewing the US$ 3.5 trillion private equity industry, the SEC discovered that many private equity firms face severe compliance shortfalls and uncovered the illegal collection of fees. Other ways include the usage […]
