MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, May 31, 2013 SEC Plans to Beat Up Money Funds' Rivals, Too One thing the SEC never fails at is making new rules and it looks like more are on the way, Reuters reports. In an effort to prevent runs on money, the SEC is meeting to discuss new rules next week for the money market fund industry. In the same meeting, the SEC will also propose a reform that would require less-regulated private liquidity funds to make additional disclosures to the SEC—a plan reportedly targeting potential outflows from money market funds into the less-regulated funds. The money market fund industry likely won't welcome the new rules with open arms, as they have been lobbying against new reforms for their funds for months. More information can be found here. Printed from: MFWire.com/story.asp?s=44035 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |