Environmental Credits and Environmental Credit Obligations
SIFMA provided comments to the Financial Accounting Standards Board (FASB) on the Proposed Accounting Standards Update—Environmental Credits and Environmental Credit…
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.