On July 23, 2014, the Securities and Exchange Commission (the SEC) adopted final rules governing the structure and operation of money market funds, in a release adopting amendments to Rule 2a-7 under the Investment Company...more
8/7/2014
/ Dodd-Frank ,
Final Rules ,
Floating NAV ,
Investment Company Act of 1940 ,
IRS ,
LiquidAlts ,
Money Market Funds ,
Mutual Funds ,
Redemption Gates ,
Securities and Exchange Commission (SEC) ,
U.S. Treasury
On June 5, 2013, the Securities and Exchange Commission (“SEC”) voted to release its long-awaited proposals to make significant revisions to the rules governing money market mutual funds (“money funds”), as well as to adopt...more