Navigating the Recent SEC Rulemakings: Money Market Fund Reforms

The SEC approved amendments to Rule 2a-7 and other rules that govern money market funds under the Investment Company Act of 1940, representing the most substantial effort by the SEC to reform the money market fund industry since the series of reforms it adopted following the 2007-2008 financial crisis. The amendments will have a significant effect on money market funds and will likely have commercial implications for institutional prime and institutional tax-exempt money market funds that price at multiple times per day and/or offer same-day settlement. In this webinar, Dechert panelists reviewed the amendments and discussed the impact on money market funds and their advisers, boards of directors, compliance officers, service providers, intermediaries and investors.

For questions, please contact tabatha.ford@dechert.com.