Investment News – In a story about the SEC expanding private markets, Healthy Markets Executive Director Tyler Gellasch is quoted saying “if there is another GOP-led SEC, it’s likely to go further on private market reform than Clayton did. Jay Clayton has expanded the private markets but hasn’t been as extreme as many GOP policymakers and regulators might prefer. If he walks out the door, I think his replacement could be less focused on the significant risks to retail investors and even more focused on theoretical opportunities.”
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