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SEC Chair Mary Jo White Says to Expect Money Market Fund Soon

In a speech at the 41st Annual Securities Regulation Institute, SEC Chair Mary Jo White discussed money market fund reform, among the other Commission changes and priorities for 2014.  She told the audience that the Commission was carefully considering comments submitted on the proposed money market fund reforms and that “[c]ompleting these reforms with a final rule is a critical priority for the Commission in the relatively near term of 2014.”  In addition, Chair White also discussed the SEC’s 2014 enforcement priorities, promising that 2014 will be “an incredibly active year in enforcement.”  She also outlined the SEC’s increasing use of technology to better carry out the agency’s mission as well as some of the SEC’s remaining Dodd-Frank and JOBS Act mandates.