15th December 2021 – US SEC Money Market Funds Governance Rules

2021-12-30T10:56:54+00:00

The US SEC issues CFR 17 Parts 270 and 274, a (very lengthy...) proposed set of rules to amend the governance of Money Market Funds (MMF) and increase their resilience in times of stress. In particular, the proposed rule would remove the liquidity fee and redemption gate provisions contained in the existing rule. The idea [...]