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Since the Securities and Exchange Commission lacks adequate resources to police the sector, the GAO was tasked under the Dodd-Frank Act with determining the feasibility of forming a self-regulatory organization to provide primary oversight of private fund advisers.
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The latter, he said, would require a lot of private fund-raising.
But figuring out the equities of private fund-raising in public schools would require the invention of an ethical supercomputer.
Amber, a charity supported by a mixture of private fund-raising and grants, focuses on readying young people from poor backgrounds for work.
Bigger ones have commercial arms, media departments, aggressive head-hunting methods and a wide array of private fund-raising and investment strategies.
Connecting with Walmart could help Jet.com amplify its business without the stress of private fund-raising in a market that has become more challenging for unprofitable companies.
Auctions Go Deep to Aid Schools" (front page, May 3) reports on the growing use of private fund-raising organized by parents for their children's public schools.
The decision also means Mr. Kerry will lose five weeks of private fund-raising, which could be worth $30 million if the campaign's recent fund-raising pace continued.
But in both these cases, the candidates argued that their surpluses were merely the fruit of their added bit of private fund-raising, and that they were entitled to keep control of them.
Already, there are signs of an uptick in the number of young men crossing illegally into Syria from Saudi Arabia and other Muslim countries, and of private fund-raising efforts across the gulf to help the rebels acquire heavier weapons.
Twitter is in the midst of a round of private fund-raising on terms that value it at as much as $8 billion — more than double its worth a mere seven months ago.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com