A number of high-profile fund suspensions last year, coupled with the forthcoming European Securities Market Authority (ESMA) Liquidity Stress Testing Guidelines set for September 2020, were strong indicators that the thorny issue of fund liquidity would be high on European … Continue reading Fund Liquidity Continues to Define European Regulatory Agenda
Regulators on both sides of the Atlantic are tightening liquidity rules for investment funds with the primary focus on whether or not fund portfolios can keep their promise of daily liquidity to their fund investors at all times. We have … Continue reading Top Down, Bottom Up: The Topsy-Turvy World of Fund Liquidity
Regulatory scrutiny of mutual fund liquidity has been an ongoing area of focus for several years now. Regulators have already put exchange traded funds (ETFs) and money market funds (MMFs) under their microscope, but they are now intensifying that scrutiny … Continue reading New ESMA Fund Stress Tests Aim to Soothe Investor Liquidity Concerns
For some time now regulators across the globe have been sharply focused on the liquidity of investment funds. More specifically, policymakers have homed in on those funds that sell to retail investors and purport to be capable of returning investors … Continue reading Fund Liquidity: Don’t Throw the Baby Out with the Bathwater
More than a year ago, we explored challenges that asset managers were facing as they worked to implement the SEC’s Liquidity Rule. Now, 13 months later, many of those challenges still exist. With major compliance dates around the corner, here’s … Continue reading The SEC Liquidity Rule – Challenges Continue as Implementation Looms
The SEC has continued to advance its vast regulatory agenda through the summer months. As temperatures remain high so too do US financial regulation demands. Continue reading No Summer Slowdown for the SEC as US Financial Regulation Heats Up