Regulator adopts new exemptions designed to help startups raise capital
Regulator contemplates expanding eligible assets for retail investment funds
The regulator also wants to toughen enforcement and see better advice given at banks
Regulator seeks to extend regime to portfolio managers
Compared to public markets, private markets have less transparency and offer less liquidity
After pilot program, ASC, FCAA maintain exemption based on financial knowledge
The time is ripe for investors to add these funds to their portfolios
Regulators aim to enhance systemic risk oversight, investor protection
High interest rates, heightened macro uncertainty weigh on deal flow
Defaults expected to rise in early 2024 before easing in second half