Floating it out there
Oct 13, 2014
Money market funds overhauled: Asian investors take note
The US securities regulator has dramatically altered the shape of the US money market fund industry by imposing new restrictions on how funds are valued. Asian investors may not immediately be affected, but should keep a close eye on developments
On July 23, the Securities and Exchange Commission (SEC) announced sweeping changes to the structure and operations of US-domiciled money market funds (MMFs).
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