SEC Alert! Commissioner Hester M. Peirce Statement Closing Act, Proposed Open-End Fund Liquidity Risk Management Programs and Swing Pricing; Form N-PORT Reporting: 'I cannot support even releasing this proposal for comment.'
Hester is big mad.
Source: https://www.sec.gov/news/statement/peirce-statement-open-end-funds-110222
Thank you, Mr. Chair. I cannot support even releasing this proposal for comment. At a time when so much of our rulebook is up for discussion, nobody has the bandwidth to consider properly a proposal that would fundamentally