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Perspective on the Recent Money Market Fund Reforms |
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Friday, 12 February 2010 |
The SEC approved new money market fund reforms designed to address weaknesses in the existing regulatory framework that the recent credit and liquidity crisis exposed. The new rules aim to bolster liquidity, increase credit quality, and improve the flexibility and transparency of operations to ensure money market funds can weather the next crisis. This research flash summarizes key provisions of the new rules and assesses how these reforms impact our clients.
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