The Asset Management Group of SIFMA (“SIFMA AMG”) submitted a comment letter to the SEC and the Financial Stability Board (“FSB”) regarding the recently released FSB-IOSCO joint consultative document, Assessment Methodologies for Identifying Non-Bank Non-Insurer Global Systemically Important Financial Institutions (January 2014), and the Treasury Office of Financial Research’s (“OFR”) Study on Asset Management and Financial Stability (September 2013). This comment letter summarizes the process undertaken and the findings of the survey.
In the letter, SIFMA AMG encouraged its members and other firms listed in the “top 20 asset managers by AUM” in the OFR Study to respond to a survey regarding the separate accounts that they manage.
See: SIFMA Comment Letter.
Related news: SIFMA AMG Submits Comments to the FSB on Assessment Methodologies for Identifying Non-Bank Non-Insurer G-SIFIs (April 7, 2014).