TITLE

New rules affect liquidity for money market funds

AUTHOR(S)
Skarbeck, Ken
PUB. DATE
September 2016
SOURCE
Indianapolis Business Journal;9/5/2016, Vol. 37 Issue 28, p19A
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the new rules for money market funds in the U.S. that will take effect on October 14, 2016 wherein institutional prime money funds will price and transact with a variable net asset value that fluctuates with the value of the securities in their portfolios.
ACCESSION #
118045617

 

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