The Americans for Financial Reform Education Fund submitted a comment to the Securities and Exchange Commission and the Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) supporting the proposal to require the $125 trillion in Registered Investment Advisers (RIAs) and Exempt Reporting Advisers (mainly Venture Capital) to implement Customer Identification Programs to better understand who the beneficial owners of their funds are.
The post Letters to the Regulators: AFREF Comment to SEC/FinCEN on Customer Identification Programs for Private Funds and Venture Capital appeared first on Americans for Financial Reform.