On the recordMay 30, 2023
Private markets are notoriously opaque. Unlike other financial institutions, private equity funds and hedge funds are exempt from requirements to maintain anti-money laundering programs.
Source
congress.govEditor's note · Context
Senator Reed highlights the lack of regulation in private equity and hedge funds.
Share & report
More from Jack Reed
Feb 27, 2025
The day’s cruel and callous display does great harm to U.S. standing in the world.
Mar 1, 2025
It was not planned at all. It was the exact opposite of how most people expected the exchange to go.
Apr 9, 2024
the responsibility for this predicament and it is a very serious one is shared by both Congress and the Executives.
Feb 22, 2025
if you're going to break the law, the first thing you do is you get rid of the lawyers.
Other voices in this conversation
