Category: Best of the Web

Money Market Mutual Funds: Stress Testing & New Regulatory Requirements, Harvard Law School Forum on Corporate Governance and Financial Regulation

Posted by Dr. Jeremy Berkowitz, NERA, on Tuesday, July 14, 2015

In July 2014, the Securities and Exchange Commission (SEC) adopted a package of reforms to the regulatory framework governing money market mutual funds. The SEC believes the new rules will enhance the safety and soundness of the money market fund industry during periods of market distress, when redemptions in some funds may increase substantially…

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