Attorney Nadel on SEC Scrutiny of Private Equity
Sept. 21 (Bloomberg) -- Steven Nadel, a partner at the law firm of Seward & Kissel LLP in New York, talks about the U.S. Securities and Exchange Commission's review of the private-equity industry.
The SEC is seeking to determine whether some private-equity firms are taking more profits from investments than they should under agreements with fund clients, according to two people with knowledge of the matter. Nadel speaks with Deirdre Bolton on Bloomberg Television's "Money Moves." (Source: Bloomberg)