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Rajib Chanda Quoted in FundFire on SEC Concept Release on Alt Funds

06.20.19

Corporate Partner Rajib Chanda was quoted in FundFire, a Financial Times news service, in an article titled “FF Alts Feature: SEC Mounts ‘Breathtaking’ Call to Widen Alts Product Access.” The article addresses the SEC’s recent call, or “concept release,” for public comment on ideas to expand access to private alternative funds, which is a potentially transformative initiative that could result in amended rules, greater access to products and more secondary sale options. The new concept release will collect industry and public comment for 90 days.

“The SEC’s concept release is breathtaking in its scope of willingness to reconsider the fundamental underpinnings of securities offering rules in the U.S.,” says Rajib. “The questions asked are bold and will require serious attention from all who care about retirement security and fairness in our capital markets.”

To read the full article, please click here (subscription required).