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Should Hedge Funds Skip the Paycheck Protection Program?

April 17, 2020 by Louis Chunovic

Should Hedge Funds Skip the Paycheck Protection Program?

In yet another sign of these pandemic times, the U.S. Congress has passed an act launching a $349 billion emergency loan program — the Paycheck Protection Program (PPP) — that operates through the Small Business Administration. Under the federal program, “most businesses with 500 employees or fewer are eligible for two-year loans with a 1%… Read More >>

Filed Under: Buy-Side, Industry News, Middle-Office, Operational Risk, Risk Management, General Interest, Governance, Diversity, Equity, and Inclusion (DEI), Back-Office, Integration, Standards, KYC, AML/Fraud/Financial Crime, Regulation & Compliance, Regulatory Compliance, Regulatory Reporting, Industry News Tagged With: AML/Fraud/Financial Crime, CARES, hedge funds, pandemic, PPP, private equity, SBA

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