Citigroup v. Otto Candies
Court: U.S. Supreme Court (pet. for writ of cert.) Amicus Issue: Whether Section 1964(c) of the Private Securities Litigation Reform…
Issue
Mutual Fund Liquidity→
Summary
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.