The family office sought the approval because newer restrictions on family offices prevent the money managers from serving certain in-laws without complying with broader regulations.
Estimated reading time: 0 minutes, 21 seconds
SEC OKs Money Manager for Meryl Streep
The descendents of William Simon, who was Treasury Secretary for Richard Nixon and Gerald Ford, have received a green light from the Securities and Exchange Commission so that their family office can continue managing assets for actress Meryl Streep. So reports Bloomberg.
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