Money Market Funds: Primed for Additional Reform?
January 31, 2021
THE INVESTMENT LAWYER
Money market funds (MMFs) are once again in the crosshairs of regulators. As markets and economies around the world continue to react and adjust to the ongoing COVID-19 pandemic, U.S. and international regulators have called for another wave of regulatory reforms to MMFsin response to the market events that impacted MMFs beginning in March 2020.1 These calls for additional reforms to the regulation of MMFs follow significant regulatory reforms adopted by the US Securities and Exchange Commission (SEC) in 2010 and 2014 in response to the 2007-2009 financial crisis.
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