SEC regulations will make it much more expensive and costly for pension managers to operate their funds and generate returns, according to an industry expert.
into their investment decisions for the retirement funds of more than 152 million Americans.
Gary Gensler, chairman of the US Securities and Exchange Commission , during a House Appropriations Subcommittee hearing in Washington, DC, US, on Wednesday, March 29, 2023. Corbett predicts there are three main drivers based on talking with Chair Gensler, his staff at the SEC and other market participants.
Instead, Corbett said the MFA wants to create a market that encourages new funds to launch with new market participants. "That's what creates the vibrancy in the U.S. capital markets and makes us the most competitive market in the world," he explained. "It's why we're the biggest, most liquid and when we adopt rules that undercut those objectives, we really damage our position in the global marketplace.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Barclays sees recovery materializing for Micron Technology By Investing.comBarclays sees recovery materializing for Micron Technology
Les mer »
Arm shares open at $56.10 a share, topping IPO price By Investing.comArm shares open at $56.10 a share, topping IPO price
Les mer »
Stocks are rising after Arm IPO as investors shrug off inflation data By Investing.comStocks are rising after Arm IPO as investors shrug off inflation data
Les mer »
Investing in Space: Industry enters new era with tight funding and SpaceX dominanceTakeaways from the World Satellite Business Week conference in Paris, after a whirlwind of panels, meetings and more.
Les mer »
Crude oil hits highest level this year; supply set to remain tight By Investing.comCrude oil hits highest level this year; supply set to remain tight
Les mer »
Biden considers aid for small suppliers as UAW strike seems likely By Investing.comBiden considers aid for small suppliers as UAW strike seems likely
Les mer »