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US private funds ask SEC to rethink Gensler-era rules

NEW YORK (Reuters) -The Managed Funds Association, a private fund industry group, has urged the U.S. Securities Exchange Commission (SEC) to reform or withdraw regulations introduced over the past four years. The recommendations, including changes to mandates involving Treasury trades and funds' disclosures, were made in a letter to acting chair Mark Uyeda, President Donald Trump's pick for the position. The MFA said its 10 recommendations would "reduce costs and burdens on market participants and improve the efficiency of the financial markets."

NEW YORK (Reuters) -The Managed Funds Association, a private fund industry group, has urged the U.S. Securities Exchange Commission (SEC) to reform or withdraw regulations introduced over the past four years.

The recommendations, including changes to mandates involving Treasury trades and funds' disclosures, were made in a letter to acting chair Mark Uyeda, President Donald Trump's pick for the position. The MFA said its 10 recommendations would "reduce costs and burdens on market participants and improve the efficiency of the financial markets.".