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SEC Seeks Comment on Analyses Related to Money Fund Reform

Yesterday, the SEC staff published certain analyses conducted by the SEC’s Division of Economic and Risk Analysis that have the “potential to be informative for evaluating final rule amendments for the regulation of money market funds.” The Commission issued its proposal to reform money market funds in June 2013, and SEC Chair White has indicated that money market fund reform is a Commission priority for 2014.  Comments on the information are due by April 23, 2014.

The analyses include:

  • Liquidity costs during the financial crisis
  • The exposure of government money market funds to non-government securities
  • Municipal money market fund exposure to parents of guarantors and
  • Demand and supply of safe assets in the economy.