Don't Mess with Money Market Funds By Paul Schott Stevens (as published in Investment News on January 23, 2011) Money market funds have served as a low-cost, efficient cash management tool prized by all types of investors since 1983. Key to this success has been these funds' stable...
ICI to Host Webinar to Present New Research on Money Market Funds’ “Shadow Pricing” and Historical Data Washington, DC, January 20, 2011 - The Investment Company Institute (ICI) will host a webinar and conference call on Tuesday, January 25 to present new research on money market...
ICI Statement on Appointment of Eileen Rominger as Director of the SEC’s Division of Investment Management Washington, DC, January 18, 2011 - Investment Company Institute President and CEO Paul Schott Stevens today made the following statement on the appointment of Eileen Rominger as...
Independent Directors Council Statement on Appointment of Eileen Rominger as New Head of SEC’s Division of Investment Management Washington, DC, January 18, 2011 - Independent Directors Council (IDC) Managing Director Amy Lancellotta made the following statement today about the...
Independent Directors Council Statement on Appointment of Eileen Rominger as New Head of SEC’s Division of Investment Management Washington, DC, January 18, 2011 - Independent Directors Council (IDC) Managing Director Amy Lancellotta made the following statement today about the...
A provision in the new cost basis rules could hurt fund investors. We recently contacted the Internal Revenue Service (IRS) and the U.S. Department of the Treasury, urging them to amend the rules to avoid this outcome.
We’ve just filed a letter to the Commodity Futures Trading Commission (CFTC) on the use of position limits for derivatives. Our letter urges the CFTC to establish an exemption from position limits for funds that comply with the diversification and leverage requirements of the...
We’ve just filed a comment letter with the Securities and Exchange Commission addressing the reform options outlined in the President’s Working Group on Financial Markets (PWG) Report on “Money Market Fund Reform Options.”
Independent Directors Council Urges Regulators to Maintain Essential Characteristics of Money Market Funds Endorses Private Liquidity Facility; Opposes Floating NAV Option in PWG Report Washington, DC, January 11, 2011 - The Independent Directors Council (IDC) strongly encouraged...
