The Dubai Financial Services Authority (DFSA) proposed a broad rewrite of its investment fund rules today (Tuesday), opening a consultation that would change how private funds are classified and ease licensing for managers. The regulator, which supervises firms in the Dubai International Financial Centre (DIFC), called it the most significant review of its funds framework since 2010. The consultation, labeled CP 173, arrives as the DIFC's wealth and asset management sector has expanded quickly,