The SEC’s fee crackdown continues. As Blackstone Group LP is subject to a recent Securities and Exchange Commission review of certain fee practices of investment managers, the move by the regulatory agency shouldn’t come as a surprise. As Valuewalk first reported nearly two years ago, the SEC is in the midst of a fee crackdown and Blackstone is just the current participant under the microscope of an increasingly intense regulatory glare. Monitoring fees on consulting deals to take a firm public or sell it are in the cross-hairs at Blackstone The SEC is looking at disclosure on how Blackstone, the world’s largest…
SEC Continues Long-term Fee Crackdown As Blackstone Latest Target
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.