You are here

SEC scrutinises expenses passed to investors

KKR found to have breached fiduciary duty when it passed along US$17m in 'broken deal' expenses to investors; it will pay US$30m in settlement

New York

FOR years, private equity firms operated behind a curtain of mystery when it came to how they passed along expenses to investors. The Securities and Exchange Commission (SEC) is now beginning to pull back the curtain and shine a light on those practices.

In a first, the

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom