Aug. 18, 2022
August 18, 2022 I'm quoting Matt Stoller's newsletter here: \"Imagine pension funds using the greater transparency to comparison-shop on fees and returns and demanding better terms. Theres a case to be made that the changes might even generate momentum toward structural change. If transparency were to expose the illusory promises of private equity for pension funds and other investors, it could reduce opportunities for leveraged buyouts, and reinvigorate more transparent public markets the centerpiece of the New Deal reforms that created the SEC in the first place.\" Regulating private equity is necessary it would be an excellent step in the direction of transparency and fairness for ALL Americans, not just the rich. Yours truly, Lou Priven