The SEC has shone a welcome light on financial darkness
Could this be the end to private equity exploitation? After the devastating legacy of the 2008 financial crisis — where taxpayers took the fall, and big corporations got bailed out — the 2022 announcement of more regulation for private markets is a welcome sign that progress has been made. Rana Foroohar explains how private equity made eye-watering profits and why these new policies could shine as a bright spot in an otherwise financially dark tale.
From Financial Times