Sources: the SEC is pushing for more transparency from large private companies, including increasing disclosures and tightening investor qualifications (Paul Kiernan/Wall Street Journal)

Paul Kiernan / Wall Street Journal:
Sources: the SEC is pushing for more transparency from large private companies, including increasing disclosures and tightening investor qualifications  —  ‘Unicorn’ firms have a huge impact and ‘absolutely no visibility’ for regulators, says SEC Commissioner Allison Lee