House measure seeks to undo private equity firms’ requirement to register with SEC

Bill has passed the House but pushback from the White House is expected

In a vote of 254-159, the House of Representatives has passed a measure to remove provisions from the Dodd-Frank law that would require private equity firms to register with the Securities and Exchange Commission.

Under the current rules, private-equity funds would be required to register with the SEC if they were responsible for more than $150 million in assets under management. This requirement was designed to keep investors safe and offer transparency for clients.

Executive Editor

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Chris DiMarco

Chris DiMarco, Executive Editor of InsideCounsel magazine, has a background in multimedia production with previous involvement in projects in which he developed and created content...

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