Designation of Asset Managers and Funds As Systemically Important Non-Bank Financial Institutions: Process and Industry Implications: Part 2 of 2

In the March 2013 issue of The Investment Lawyer , Part 1 of this article addressed the process by which investment funds or their advisers could be designated as systemically important financial institutions (SIFIs), including the factors that regulators have indicated they would consider in making a SIFI designation. Part 2 of this article further discusses this process, as well as the potential consequences of such a designation for those designated, as well as for the industry as a whole.