Sector Regulation Sector Regulation

US money-market fund reform ideas should be reconsidered, state and local officials say

By Neil Roland
  • 20 Apr 2021 16:14
  • 20 Apr 2021 16:23
State and local officials are asking federal regulators to go back to the drawing board on money-market mutual fund changes they floated in the wake of pandemic-related market turbulence last year.

In a letter to the US Securities and Exchange Commission, state and local groups said: “While we recognize the need to thoroughly

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