SEC proposes easing ‘pay-to-play’ rules for investment advisers

The U.S. Securities and Exchange Commission is looking to relax rules that prevent investment advisers from managing public pension funds due to political contributions. These proposed amendments are intended to alleviate the compliance challenges faced by advisers and address longstanding issues raised by various political factions. Regulators are now inviting stakeholder feedback on these significant regulatory changes.
Read more at the source

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.