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Comptroller of the Currency Issues Bulletin on Collective Investment Funds - Prior Notice Period for Withdrawals
August 14, 2020
WASHINGTON, Aug. 14 -- The U.S. Department of the Treasury's Office of the Comptroller of the Currency issued the following bulletin (No. 2020-74) on Aug. 13:

Summary

The Office of the Comptroller of the Currency (OCC) published an interim final rule (IFR) in the Federal Register on August 13, 2020, that revises the requirements in 12 CFR 9.18(b)(5)(iii) applicable to a national bank or federal savings association (collectively, a bank) that administers a collective inv . . .

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