Bankowość centralna · 06/02/2009
Federal Reserve Exempts Member Banks from Certain Regulations to Support Asset-Backed Commercial Paper Purchases
The Federal Reserve has adopted regulatory exemptions for member banks to purchase asset-backed commercial paper from affiliated money market mutual funds, in an effort to reduce liquidity strains on money market mutual funds and support the use of the Asset-Backed Commercial Paper Money Market Mutual Fund Lending Facility (AMLF).