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Home>New Reforms to Hit Money Market Funds

New Reforms to Hit Money Market Funds

Perspectives Content Submission

Mon, 28 Jul 2014

On July 23, 2014, the U.S. Securities and Exchange Commission (SEC) voted 3 to 2 in favor of adopting amendments (proposed in June 2013) to certain rules under the Investment Company Act of 1940 that govern the operation of money market funds (MMFs). MMF reform has been a priority for US regulators

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