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Enforcement Compliance Money Market Funds

Perkins Coie

Financial Services Bulletin: Action at the SEC

Perkins Coie on

On Wednesday, July 23, 2014, the Securities and Exchange Commission (the “SEC”) adopted amendments to the rules governing money market mutual funds (or “money market funds”) pursuant to Rule 2a-7 under the Investment Company...more

Dorsey & Whitney LLP

This Week In Securities Litigation (Week ending July 25, 2014)

Dorsey & Whitney LLP on

The Commission issued its long discussed rules reforming money markets this week, requiring that institutional prime money market funds have a floating NAV. The vote was 3-2....more

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