SEC Sends ‘Critical’ Reminder on Hard-to-Value Private Assets
Wall Street’s main financial regulator is spurring the financial industry to put more effort into valuing private assets as those holdings become harder to sell and investor redemption requests surge.
By Nicola M White · Bloomberg Markets
Wall Street’s main financial regulator is spurring the financial industry to put more effort into valuing private assets as those holdings become harder to sell and investor redemption requests surge.