Paulita Pike Discusses Money Fund Rule in BoardIQ

In The News
July 25, 2023

Asset management partner Paulita Pike told BoardIQ that, “the liquidity fee is not being called swing pricing, but it largely functions like swing pricing. I don’t think it’s that different, and now it’s tied to a one-size-fits-all threshold.”

Paulita explained that it’s difficult to predict what the SEC plans for the open-end proposal but that, “one could read into this action the fact that the SEC is not worried about adopting a one-size-fits-all initiative, which I think is troublesome.”