Senators Ask Treasury and S.E.C. to Close Oligarch Investment Loophole
Senators Elizabeth Warren and Sheldon Whitehouse called on regulators to interpret oversight powers more broadly to cover hedge funds, private equity firms and more.
Senators Elizabeth Warren and Sheldon Whitehouse called on regulators to interpret oversight powers more broadly to cover hedge funds, private equity firms and more.
Dividend recaps, a kind of borrowing long condemned for loading up companies with debt for the benefit of their private equity owners, has surged.
