Letter to SEC regarding new investor admin plans
GIIA has written to the US Securities & Exchange Commission in relation to suggestions for new investor requirements
In our latest correspondence with the Securities & Exchange Commission (SEC), we've cautioned against the introduction of new paperwork demands for investors as set out in the SEC's 'Comments on Private Fund Advisers, Documentation of Registered Investment Adviser Compliance Reviews,' warning that doing so could hamper much-needed financing for projects.
GIIA stresses that the introduction of new administrative burdens against a backdrop of surging inflation and heightened geopolitical risk would likely "result in unintended consequence - reducing the amount of private capital, and therefore aggregate capital, available for the redevelopment, refurbishment and maintenance of US infrastructure projects."
The full letter can be viewed on the SEC website and downloaded from this page.