The Goldman Sachs Group v. Sjunde Ap-Fonden
Court: U.S. Court of Appeals (Second Circuit) (Rule 23(f) petition) Amicus Issue: What is the legal standard in class certification…
SIFMA provides comments to the Financial Stability Oversight Council (FSOC) on the proposed recommendations regarding money market mutual fund reform of the Financial Stability Oversight Council (FSOC), File No. FSOC-2012-0003. The comments focus on seven points that fall within four categories: FSOC’s Process, Guiding Principles, Floating Net Asset Value (NAV), and Other Possible Reforms – Redemption Gate accompanied by Liquidity Fee.