The incoming Trump administration will see a marked shift in the US’s approach to regulation of the private credit industry. Under Gary Gensler’s leadership, the SEC viewed private markets with scepticism and distrust, which underpinned several proposals that sought to fundamentally redesign the regulatory framework for private markets.
The Alternative Credit Council, as an affiliate of the Alternative Investment Management Association, was proud to be at the forefront of industry efforts to resist this via a successful legal challenge to the Private Fund Adviser Rules, as well as providing feedback on other rulemakings to the SEC during the...
