Implementing SEC's New Money Market Fund Rules

Law360, New York ( August 12, 2014, 10:20 AM EDT) -- On July 23, 2014, the U.S. Securities and Exchange Commission adopted final amendments to the rules governing money market mutual funds (MMFs). This article provides an overview of key provisions of the rule and offers practical insights on next steps that MMF sponsors and fund boards should consider in implementing the rule....

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