State regulators concerned about impact of COVID-19 on private markets
NJ securities chief warns that private placements may be used for virus-related frauds
Every day investors can watch the stock market plummet in response to the havoc wreaked by the COVID-19 outbreak. State securities regulators are worried that the situation in private markets may be just as bad or worse, but that no one knows about it.
Christopher Gerold, chief of the New Jersey
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