Jun 8, 2021 | Capital Markets, Report
Introduction Credit rating agencies are third party organizations that issue independent, forward looking opinions about the relative creditworthiness of an issuer of debt, such as a corporation or government.1 The credit ratings issued by the agencies help market...
May 24, 2021 | Banking, Capital Markets, Financial Stability, Report
Executive Summary This report by the Committee on Capital Markets Regulation (the “Committee”) examines the role of money market funds (“MMFs”) in the March 2020 COVID crisis and sets forth reforms that would enhance the liquidity of MMFs that primarily invest in...
Mar 22, 2021 | Banking, Capital Markets, Financial Stability, Report
: The U.S. Treasury Market During the COVID-19 Crisis In this report, the Committee on Capital Markets Regulation (the “Committee”) describes the turmoil in the U.S. Treasury market during March 2020, with a focus on the unexpected rise in Treasury yields, the...
Mar 18, 2021 | Capital Markets, Letter
On March 18, 2021, the Committee submitted a second letter to the SEC’s Asset Management Advisory Committee (“AMAC”) and its Private Investments Subcommittee regarding the public offering of registered closed-end funds of private equity funds. The letter provides AMAC...
Jan 14, 2021 | Capital Markets, Letter
On January 14, the Committee submitted a comment letter to the Federal Trade Commission (the “FTC”) on its proposed changes to the premerger notification rules (the “HSR Act Proposal”), which would subject registered investment companies (“RICs”) and other investment...
