Gate News message, April 22 — Wall Street’s largest alternative asset managers are urging the U.S. Securities and Exchange Commission (SEC) to relax regulations on cross-trading between funds managed by the same company, a move they say would expand private asset access within retirement accounts. The Alternative Investment Management Association, representing firms including BlackRock and Apollo Global Management, is pressing the SEC to lift its current restrictions on so-called private asset cross-trading.
The lobbying effort comes as alternative asset managers prepare to enter the 401(k) retirement savings plan market and similar retirement savings vehicles. Proponents argue that allowing intra-firm asset transactions would facilitate broader adoption of private assets by retirement account holders.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Investa Receives Direct FCA Authorization to Expand UK Retail Options Trading
Abstract: Investa secures direct FCA authorization, becoming a fully licensed UK operator, with £3.5m raised from crowdfunding and angel investors including Citi, Goldman Sachs, Morgan Stanley, BofA, UBS, and HSBC. It offers 225k+ option contracts on a zero-commission basis as retail activity rises and regulators intensify risk oversight.
Summary: Investa receives FCA direct authorization to become a fully licensed UK firm, raises £3.5m, and offers 225k+ zero-commission options as retail activity rises; regulators track risk as competition grows.
GateNews8m ago
International Finance Bank Confirms XRP as Settlement Mechanism in ILP STREAM Protocol
Gate News message, April 22 — An internal presentation from International Finance Bank (IFB), surfaced by crypto researcher SMQKE, confirms that XRP functions as the settlement mechanism within Ripple's Interledger Protocol (ILP) STREAM protocol, positioning it as a live payment rail rather than a t
GateNews9m ago
Quantinuum Secretly Files for U.S. IPO, Honeywell-Backed Quantum Computing Firm Seeks Public Markets
Quantinuum reportedly filed for a U.S. IPO without disclosing financial terms; valued at about $10 billion last September, the quantum startup joins a growing wave of companies seeking public funding.
Abstract: Quantinuum, Honeywell's quantum computing subsidiary, reportedly filed for a U.S. IPO without disclosing financial terms; valued at roughly $10 billion in September, it is part of a growing trend of quantum startups pursuing public listings.
GateNews40m ago
TradFi Rise Alert: FCEL (FuelCell Energy Inc) Rises Over 16%
Gate News: According to the latest Gate TradFi data, FCEL (FuelCell Energy Inc) has surged by 16% in a short period. Current volatility is significantly higher than recent averages, indicating increased market
GateNews43m ago
TradFi Rise Alert: FCEL (FuelCell Energy Inc) Rises Over 12%
Gate News: According to the latest Gate TradFi data, FCEL (FuelCell Energy Inc) has surged by 12% in a short period. Current volatility is significantly higher than recent averages, indicating increased market
GateNews1h ago
