Finance & markets · 25/03/2020
Office of the Comptroller of the Currency Adopts Interim Rule for Short-Term Investment Funds
The OCC has temporarily relaxed rules for short-term investment funds, allowing national banks to act as fiduciaries while maintaining certain maturity limits, and has issued an administrative order to clarify compliance requirements.
Original source language: Federal Register — Office of the Comptroller of the CurrencyOpen original release →