What are the regulatory bodies overseeing private equity in the U.S.?

The primary regulatory bodies overseeing private equity in the U.S. are indeed the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). These organizations play crucial roles in ensuring transparency, fairness, and adherence to regulations in the financial markets, which includes private equity.

The Securities and Exchange Commission is responsible for the enforcement of federal securities laws, which includes regulating investment companies and advisers, including private equity firms, to protect investors. It requires these firms to disclose information regarding their operations, structure, and performance to ensure investors have adequate information to make informed decisions.

FINRA, on the other hand, is a self-regulatory organization that oversees brokerage firms and their registered representatives. While its primary focus is on brokerage activities, FIRNA’s rules also touch upon private equity engagements to ensure that financial transactions are conducted in a fair and ethical manner.

While other options may mention entities involved in varying aspects of financial oversight or business regulation, they do not specifically focus on the regulatory framework applicable to private equity, which is predominantly shaped by the SEC and FINRA. Therefore, the combination of these two bodies provides a comprehensive regulatory environment intended to safeguard both investors and the integrity of the markets associated with private equity.