This proposal is a lengthy, complex, and consequential rulemaking that merits serious public consideration. Unfortunately, the public is certain to provide only limited comment on the Covered Funds Proposal as a consequence of the still-developing economic crisis and global pandemic, the unprecedented actions taken by the Federal Reserve, Congress, and the Administration demanding public attention and consideration, and the resulting constraints on already limited resources and widespread disruptions across the U.S. economy. Read our comment letter here, or by clicking the button below.
April 1, 2020
Better Markets Inc. Comment Letter on Prohibitions and Restrictions on Proprietary Trading and Certain Interests in and Relationships With Hedge Funds and Private Equity Funds