SEC director calls for private markets to open up for retail investors

Financial Times – In a story featuring SEC’s Director of Investment Management, Dalia Blass talking about opening up private markets to retail investors, Healthy Markets Executive Director Tyler Gellasch said “said more ordinary investors would be exposed to greater risks and higher fees by the determination of the SEC Commissioners to expand access to private markets. “The proposals increase the risk of a mis-selling scandal.” (Full Story).