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@cvbyh
SEC chair Paul Atkins wants to reduce data private fund advisors must report. The deadline for new reporting rules is pushed from June 12 to October 1. Limited data collection could benefit hedge funds and PE firms. Atkins questions if Trump's data use justifies the heavy burden. He ordered a review of expanded reporting under ex-chair Gary Gensler. Funds faced tech challenges ahead of the original deadline. Many hadn’t started submitting new data yet.
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