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Latest Breaking News On - Rivate fund manager indeminification - Page 1 : comparemela.com

SEC Proposes Removal of Indemnification for Private Fund Managers

SEC proposes to undo ability to rely, as against the private fund or its investors, on exculpatory and indemnification provisions for a breach of fiduciary duty, willful misfeasance, recklessness, or simple negligence in providing services to the private fund.

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