On July 23, 2014, the Securities and Exchange Commission (SEC) adopted final rules governing the structure and operation of money market funds (SEC MMF Reform Rules). See our client alert entitled “SEC Adopts Floating-NAV and...more
Agency Template for Tailored Resolution Plans -
On September 3, the FDIC and the Fed released an optional model template for tailored resolution plans required to be submitted by the Dodd-Frank Act.
The recently issued annual report of the Financial Stability Oversight Council (“FSOC” or “Council”) indicates that the members continue to review the major unfinished business of financial regulatory reform and ramp up the...more
On November 13, 2012, the members of the Financial Stability Oversight Council (“FSOC”) voted unanimously to advance for public comment Proposed Recommendations Regarding Money Market Reform (“Proposed Recommendations”). The...more
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