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MMF Proposal Expected in Next Two Months

A money market fund reform proposal is expected from the SEC in the next two months, according to SEC Commissioner Daniel Gallagher.  A recent Bloomberg article quotes the Commissioner as saying that the SEC staff is working through technical details of the proposal and that he doesn’t expect the new SEC Chair, Mary Jo White, to slow the proposal down.  It is still unclear what changes to money market fund regulations will be proposed.

 

 
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