The SEC proposal puts forth impactful changes to fund management and liquidity to improve the resilience and transparency of money market funds via amendments to rule 2a-7. These proposed amendments are wide-ranging, from changes in liquidity requirements and fees to pricing and reporting requirements and could have significant impacts on fund operations. Funds should evaluate their business models and reporting processes for potential impact and preparedness against these proposed changes.
Money market fund reforms
Changes to fund management and liquidity to improve the resilience and transparency of money market funds
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Money market fund reforms
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