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July 19, 2023 Maxwell Black, Michael Davalla, Jon-Luc Dupuy, Cormac Hughes, Clair Pagnano K&L Gates LLP + Follow x Following x Following - Unfollow Contact To embed, copy and paste the code into your website or blog: In a surprising change, the SEC heeded the cacophony of opposition to swing pricing, but instead threw the industry a curveball by requiring mandatory liquidity fees for institutional prime and institutional tax-exempt money market funds.
In a surprising change, the SEC heeded the cacophony of opposition to swing pricing, but instead threw the industry a curveball by requiring mandatory liquidity fees for institutional prime and institutional tax-exempt money market funds. Mandatory liquidity fees were not discussed in detail in the proposing release, but rather suggested as an alternative among a long list of requests for comments in the proposal.
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