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The amendments reflect the SEC’s concern over market stresses impacting MMFs in very low interest rate environments such as the COVID-19 pandemic in March 2020, and it is the SEC’s belief that such measures will improve the resiliency of MMFs in government and retail MMFs. ....
REGULATORY UPDATES - William Birdthistle Named Director of Division of Investment Management - On December 21, 2021, the Securities and Exchange Commission (. ....
<p><span>The Securities and Exchange Commission today announced the appointment of William A. Birdthistle, currently a professor at Chicago-Kent College of Law, as Director of the Division of Investment Management. The Division oversees regulatory policy for investment advisers and investment companies, including mutual funds and other investment products and services relied upon by retail investors.</span></p> ....