On the recordMay 31, 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.
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congress.govPrivate markets are notoriously opaque. Unlike other financial institutions, private equity funds and hedge funds are exempt from requirements to maintain anti-money laundering programs.
Senator Reed highlights the lack of transparency in private equity and hedge funds regarding anti-money laundering.
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