United States: OCC Adopts Withdrawal Period Exception For Collective Investment Funds - Cadwalader, Wickersham & Taft LLP

United States: OCC Adopts Withdrawal Period Exception For Collective Investment Funds - Cadwalader, Wickersham & Taft LLP

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The OCC adopted a final rule that codifies an exception to the withdrawal period for banks that administer a collective investment fund ("CIF") primarily invested in real estate or other non-readily marketable assets.

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