The mission of the Securities and Exchange Commission is to protect investors, but a recent raft of proposals would likely do the opposite. Strong-arm regulations that target the private-funds industry are solutions in search of a problem that would weaken America’s financial markets, increase costs, and raise fees. The SEC’s actions would limit investment opportunities for institutions that rely on private funds to meet their return targets for their beneficiaries. These needless proposals would do more harm than good and should not be implemented. READ MORE