financial services

Money Market Funds

Giving an edge to money market sponsors and managers around the world

Dechert’s global team of lawyers advises sponsors and managers of money market funds and their boards in connection with both day-to-day operational issues and with the strategic issues that arise as these clients cope with an increasingly complex regulatory environment.

We have advised some of the world’s largest asset managers and financial services firms in launching, reorganizing and operating money market funds globally. Dechert lawyers also review securities for eligibility under applicable regulatory restrictions and address compliance issues with respect to money market fund holdings. In connection with recent reforms to U.S. money market fund regulations, Dechert lawyers were actively involved in influencing those regulations by preparing numerous comment letters to regulators and advising industry trade groups.

We are uniquely positioned to serve our money market fund clients, because we were the first and are the leading law firm with offices in both the U.S. and in the other key fund jurisdictions of London, Dublin and Luxembourg.

Our money market fund team is part of Dechert’s leading financial services and investment management practice, which has approximately 200 lawyers worldwide located in 17 of our 28 offices. We believe that we have the largest law firm team covering the financial services and investment management industry globally.

At the vanguard of the industry

Our lawyers have written many articles and often speak at key industry conferences about the developments and issues impacting the money market fund industry. One example of this thought leadership is our team’s authorship of the Money Market Funds chapter of the Mutual Fund Regulation Treatise, which was published by the Practising Law Institute. Another example, with respect to speaking engagements, is that representatives of our money market fund team regularly are invited to speak at the Crane Money Market Fund Symposium and the iMoneyNet Money Market Fund Expo, two of the largest money market fund conferences in the United States.

Our firm also has established an internal money market fund working group, which circulates news affecting the money market fund industry and hosts calls to discuss the latest industry issues and trends.