SEC Narrowly Adopts Money Market Fund Reforms

Years of debate between regulators and the securities industry dating back to the financial crisis came to an end on July 23 when the SEC narrowly approved rules aimed at lessening the risk of investor runs on money market funds.

7 minute read August 01, 2014 at 01:53 PM

Law.com Staff

SEC Narrowly Adopts Money Market Fund Reforms

Years of debate between regulators and the securities industry dating back to the financial crisis came to an end on July 23 when the Securities and Exchange Commission (SEC) narrowly approved rules aimed at lessening the risk of investor runs on money market funds, Reuters reported.

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