The US Securities and Exchange Commission (SEC) launched a broad “examination” of alternative investment mutual funds, according to a report in the Wall Street Journal.
SEC is seeking to determine how alternative funds operate
Not to be confused with an “investigation,” the SEC is seeking to determine how these funds operate rather than deliver enforcement, the Journal says, quoting sources familiar with the matter.
The move comes as the popularity of alternative investments has reached an all time high as investment advisors look to diversify from portfolios entirely dependent on the positive performance of the stock market.
The report noted regulators are targeting fund liquidity, leverage...
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