Thursday, July 13, 2023

US SEC scraps contentious pricing proposal in final money market fund reforms | Reuters

US SEC scraps contentious pricing proposal in final money market fund reforms | Reuters

NEW YORK, July 12 (Reuters) - The U.S. Securities and Exchange Commission on Wednesday finalized rules aimed at increasing the resilience of the $5.5 trillion money market fund industry, but scrapped a proposed new pricing model that had been strongly opposed by asset managers.

Publisher: Reuters
Date: 2023-07-12T21:40:41Z
Author: John Mccrank
Twitter: @Reuters
Reference: (Read more) Visit Source



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