The Financial Stability Oversight Council lacks legal authority to recommend additional money market fund regulations, which have been opposed by a variety of municipal market participants, say industry and business advocacy associations in recently filed comment letters.
Groups Contest Legality of FSOC's MMF Recommendations
Union League Club, Philadelphia, PA
October 21-23, 2015San Francisco Marriott Marquis, San Francisco, CA
Omni Providence Hotel, Providence, RI