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Money Market Funds And The New SEC Regulation
Sunday, March 26, 2017 3:57
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from Liberty Street Economics
– this post authored by Catherine Chen, Marco Cipriani, Gabriele La Spada, Philip Mulder, and Neha Shah
On October 14, 2016, amendments to Securities and Exchange Commission (SEC) rule 2a-7, which governs money market mutual funds (MMFs), went into effect. The changes are designed to reduce MMFs’ susceptibility to destabilizing runs and contain two principal requirements.
Source: http://econintersect.com/pages/contributors/contributor.php?post=201703260554
