Out With the Old, in With the New – SEC Scraps Swing Pricing Proposal, Removes Redemption Gates, and Mandates Liquidity Fees for Money Market Funds | K&L Gates LLP
In a surprising change, the SEC heeded the cacophony of opposition to swing pricing, but instead threw the industry a curveball by requiring mandatory liquidity fees for institutional...
Federal Reserve Deposit Insurance Corporation Kl Gates Committee On Uniform Securities Identification Procedures Exchange Commission Government Agency
Source: jdsupra.com