SEC scrutiny of private-credit valuations and its impact on banks
FROM THE WIRE · AMERICANBANKER.COM
The Securities and Exchange Commission is examining the private-credit market, telling asset managers and insurers to "maintain rigor" in how illiquid and opaque assets are valued and in how the risks get disclosed to investors.
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishTighter oversight of illiquid asset valuations may weigh on asset managers and insurers.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01The SEC is examining the private-credit market.
- 02Asset managers and insurers are told to maintain rigor in valuations.
- 03The regulator wants risks disclosed better to investors.