Divided SEC Approves Reforms To Money-Market Fund Rules

By Tom Zanki

A divided U.S. Securities and Exchange Commission on Wednesday approved new rules aimed at improving the stability of the estimated $6 trillion money-market funds industry during times of stress.

Read full article »


https://www.google.com/url?q=https://www.law360.com/capitalmarkets/articles/1698539?nl_pk%3D8da16ff7-f140-492c-bcb7-88f09ca11890%26utm_source%3Dnewsletter%26utm_medium%3Demail%26utm_campaign%3Dcapitalmarkets%26utm_content%3D2023-07-13%26nlsidx%3D0%26nlaidx%3D0&source=gmail&ust=1689332886427000&usg=AOvVaw31WxQA1CmVUnmskVtC2HoN