Collapse Files ยท CF-034
I SUSPENDED THE FUND AT SEVEN AM. THREE HUNDRED THOUSAND PEOPLE LOST ACCESS. I HAD THE LIQUIDITY REPORT FOR SIX WEEKS.
The Fairweather Equity Income Fund suspended all redemptions at 7:03 AM on June 3rd, 2019, leaving three hundred thousand investors without access to their funds. Despite running daily liquidity stress tests demonstrating a drop in liquid asset ratios, key conversations were omitted from official documentation.
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