OCC Adopts Interim Final Rule to Revise Short-Term Investment Fund Rule for National Banks

Summary

The Office of the Comptroller of the Currency (OCC) has issued an interim final rule to temporarily relax the maturity limits for short-term investment funds (STIFs) held by national banks, allowing them to operate affected funds with increased maturity limits due to recent market disruptions.

Original source language: Federal Register — Office of the Comptroller of the CurrencyOpen original release →

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