SEC Proposes Giving More Investors Access to Private Markets

Wall Street Journal – In a story about the SEC giving more investors access to the private markets, Healthy Markets Executive Director Tyler Gellasch is quoted “The federal securities laws were established to ensure investors have the information they need about companies to accurately assess the companies’ values and allocate their capital wisely,” said Tyler Gellasch, executive director of Healthy Markets, an advocacy group. “The SEC is simply continuing to erode that basic regulatory framework, leaving in its place an opaque, two-tiered market that has greater risks and costs for investors.” (Full Story).