SYSTEMIC RISK COUNCIL RESPONDS TO SECURITIES AND EXCHANGE COMMISSION CONSULTATION ON REFORM OF MONEY FUNDS AND OTHER OPEN-ENDED FUNDS
WASHINGTON, D. C. —– On April 12, 2021, the Systemic Risk Council issued its preliminary response to the Securities and Exchange Commission consultation on the President’s Working Group report on reforming money market and other open-ended funds in the light of the March 2020 turmoil in U.S. short-term financing markets. The SRC welcomes the PWG […]