FAQ: TALF Cash Investment Management Services Prequalification

Effective February 17, 2021

Need broker-dealers apply to do trade executions for CIMs?
This Prequalification Process is to engage a Cash Investment Manager (CIM) to support the TALF. The CIM would engage the broker-dealers to execute trades. The New York Fed would not be engaging the broker-dealers directly.

Would it be possible to see the Statement of Investment Policy for this opportunity?
The Statement of Investment Policy will not be available in advance of submission of the prequalification form. We anticipate providing this type of information at the Request for Proposal (RFP) stage of the procurement process.

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