In the Margins

FSB plan goes beyond U.S. mutual fund regulation

June 23, 2016

By The Wall Street Journal

Mutual funds should be able to lock up investors’ funds or charge shareholders for withdrawals if they urgently need cash to ride out a crisis, according to a new set of policy recommendations from the Financial Stability Board. The Basel, Switzerland-based board says funds have herded into sporadically traded assets that can be sold during good times but might become illiquid during a crisis. Read the original story from The Wall Street Journal