SEC outlines money market funds regulatory agenda

Author: | Published: 25 Oct 2012
Mary Schapiro, SEC

The US Securities and Exchange Commission (SEC) is conducting further analysis of the costs and benefits of money market fund regulation, SEC chairman Mary Schaprio has said.

The regulator’s proposed changes to money market funds faltered when it was unable to reach the majority needed to put forward a rule in August.

If the SEC does not propose a rule the Financial Stability Oversight Council...