The Securities and Exchange Commission has commenced an informal examination into the Private Equity industry, according to a report by the NYTimes.com DealBook entitled "Private Equity Industry Attracts S.E.C. Scrutiny". Areas of interest include valuation of private holdings and returns. The SEC has a new asset management unit that is leading the examination of the industry. Here's a link to the story: http://dealbook.nytimes.com/2012/02/12/private-equity-industry-attracts-s-e-c-scrutiny/
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