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Nearly 24% of staff in the SEC division overseeing hedge funds, private credit firms, mutual funds, and other investment products left the agency last year, according to a new report. The significant staffing loss raises concerns about the regulator's ability to effectively supervise financial markets. The report does not specify the reasons behind the departures.

Nearly a quarter of the staff in the Securities and Exchange Commission’s division overseeing hedge funds, private credit firms, mutual funds and many investment products, left the agency last year, according to a new report.