K&L Gates' Global Financial Markets Group, a cross-disciplinary working group of K&L Gates professionals that pulls together a number of the firm's practices, has issued the first of its series of newsletters discussing the ongoing extraordinary events in the financial markets.
Though the newsletter contains a number of interesting articles about several aspects of the recent economic turmoil and the legislative and regulatory responses, of particular interest to directors is an article summarizing the extraordinary market and regulatory events surrounding money market funds. The article provides a brief but thorough chronology of recent events affecting money market funds.
The money market fund article is available here: http://www.klgates.com/newsstand/detail.aspx?publication=4966#MMF
The full K&L Gates Global Financial Markets Group newsletter is available here:http://www.klgates.com/newsstand/detail.aspx?publication=4966