( October 9, 2019, 21:02 GMT | Official Statement) -- MLex Summary: The Securities and Exchange Commission announced the formation of a new committee with a focus on asset management regulation. The Asset Management Advisory Committee is composed of a group of outside experts, including individuals representing the views of retail and institutional investors, small and large funds, intermediaries, and other market participants. “This committee will help the Commission ensure that our regulatory approach to asset management meets the needs of retail investors and market participants at a time when the industry is evolving rapidly," said SEC Chairman Jay Clayton in the statement.Statement follows below:...
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