· Gary Gensler Wiki · U.S. Securities and Exchange Commission WikiPrepared Remarks Before the Small Business Capital Formation Advisory Committee
Read full speech on sec.gov ↗ContextSpeech by Gary Gensler, Chair of the U.S. Securities and Exchange Commission.
Why it mattersGensler defends fee and performance reporting for private funds.
Problems raised
- Small firms rely on bank and venture capital funding.
- Private fund investors lack fee and performance information.
- Equity research on small firms is scarce.
Solutions proposed
- Discuss funding alternatives for small companies.
- Require detailed reporting from private fund advisers.
- Consider the role of research for smaller firms.