Money Market Funds - Focus Shifts to Europe

October 13, 2014

Following the adoption by the U.S. Securities and Exchange Commission (“SEC”) of amendments to the rules governing U.S. money market funds (“MMFs”), the focus is shifting to Europe. In fact, the prospects for sensible MMF reforms in Europe may be brighter as a result of the U.S. MMF reforms and recent changes to the European political landscape. This Dechert OnPoint provides a brief overview of the U.S. MMF rule amendments and then discusses the outlook for MMF reforms in Europe.

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