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IDC critical of 'prescriptive', 'rigid' liquidity management proposals

01/13/2016

Aspects of the Securities and Exchange Commission's proposed rules on liquidity risk management are "highly prescriptive and excessively rigid," according to Independent Directors Council Managing Director Amy Lancellotta. In a statement accompanying IDC's comment letter on the proposed rule, Lancellotta said the group "recommends a flexible approach that would avoid negative ... Log in to view full article.

 


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