Should federal regulators impose exit fees on bond funds? Officials at the Board of Governors of the Federal Reserve may think so....more
The New York Fed quietly announced it is testing a “new tool” that would provide a lifeline for yield-starved money market funds.
In a speech today at Fordham University, William C. Dudley, president and chief...more
In a June 3, 2013 closed-door meeting, the Financial Stability Oversight Council (“FSOC”) voted to propose the designation of three financial services companies — American International Group (“AIG”), Prudential Financial and...more
In This Issue:
Regulatory Updates -
SEC Allows Limited Use of Social Media for Public Disclosure; Federal Reserve Board Publishes a Final Rule Specifying when Nonbank Firms are “Predominantly Engaged in...more