OCC Finalizes Rule Creating Exception to Withdrawal Period Requirement for Collective Investment Funds

The Office of the Comptroller of the Currency (OCC) today finalized a rule applicable to national banks and federal savings associations administering a collective investment fund invested primarily in real estate or other assets that are not readily m…

The Office of the Comptroller of the Currency (OCC) today finalized a rule applicable to national banks and federal savings associations administering a collective investment fund invested primarily in real estate or other assets that are not readily marketable.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-58.html