Memo #
32297

Conference Call to Discuss Negative Interest Rates and Money Market Funds

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[32297]

March 18, 2020 TO: ICI Global Tax Committee
Tax Committee RE: Conference Call to Discuss Negative Interest Rates and Money Market Funds

 

As we mentioned on the recent Tax Committee call, ICI has been discussing with its members ways to address negative yields with respect to money market funds that maintain a stable net asset value.  We have scheduled a call for Friday, March 20, at 3:00 p.m. ET, to discuss tax issues arising from various options.  The dial-in information is below. 

Dial-in Number: +1 (253) 617-4981 Passcode: 975541381

Please contact me (kgibian@ici.org) if you have any questions about this call. 

 

Karen Lau Gibian
Associate General Counsel