Inside The Liquidity Risk Management Rules: Part 2

The promulgation of the new liquidity risk management rules for mutual funds and exchange-traded funds, together with the emphasis on reporting specific liquidity-based shortfalls to fund boards and to the U.S. Securities and Exchange Commission, raises interesting disclosure dynamics in the context of open-end funds conducting continuous public offerings, say attorneys with Skadden Arps Slate Meagher & Flom LLP. Read More