Bill Myers
New policy will block mergers that 'violate the spirit' of antitrust laws.
Earlier efforts to reform carried interest taxation had stalled, before US Senator Joe Manchin announced on Wednesday that he and Senate Majority Leader Chuck Schumer had worked out a deal.
Stricter Form D deadlines, increased thresholds, disclosure conditions all under review, sources say.
IAs, B-Ds and private funds are all reluctant stars in FSOC report.
'This case is a petri dish about the economic system of the world'.
SEC chairman cites 'limited transparency' in wake of Archegos scandal
New guidelines clear away a web of no-action letters and provide new guidance, possibly opening up the opportunity for private funds to innovate, but coming with their own complexities.