February 19, 2022
\"finally, we are proposing to amend requirements concerning how
large liquidity advisers report information about the liquidity funds they advise. The proposed
amendments are designed to enhance the Financial Stability Oversight Councils (FSOC)
ability to monitor systemic risk as well as bolster the SECs regulatory oversight of private fund
advisers and investor protection efforts.\" Any rule that assists the FSOC to better monitor systemic risk has my support. Seems like a good step to avoid crashes and recessions.