CFA Institute Systemic Risk Council Writes in Support of the US SEC Proposed Rules for Open-end Funds
On December 16, 2022, the Securities and Exchange Commission proposed amendments to its current rules for open-end management investment companies (“open-end funds”) regarding liquidity risk management programs and swing pricing, seeking comments by February 14, 2023. The Systemic Risk Council applauds the Proposed Rule as part of the Commission’s continuing efforts to reduce the potential […]