GAO STUDY ON SELF-REGULATORY ORGANIZATION FOR PRIVATE FUNDS.

SEC. 416. GAO STUDY ON SELF-REGULATORY ORGANIZATION FOR PRIVATE FUNDS. The Comptroller General of the United States shall—(1) conduct a study of the feasibility of forming a self-regulatory organization to oversee private funds; and(2) submit a report to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives on the results of such study, not later than 1 year after the date of enactment of this Act.