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MFDF - Mutual Fund Directors Forum - Forum Comment Letter on the SEC Proposal for Removal of References to Credit Ratings from Rules Governing Money Market Funds

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Forum Comment Letter on the SEC Proposal for Removal of References to Credit Ratings from Rules Governing Money Market Funds

On September 14, 2014, the Forum submitted a comment letter to the SEC regarding re-proposed rule amendments that would remove references to credit ratings from certain rules under Investment Company Act, particularly rule 2a-7, that govern money market funds. 

Forum Comment Letter on Credit Ratings in the Money Market Fund Rule