Money Market Funds Content

October 18, 2016

In 2014 the US Securities and Exchange Commission (SEC) finalized new regulations governing money market funds, which will take effect on October 14, 2016. Investment Company Institute (ICI) President and CEO Paul Schott Stevens issued the following statement on the eve of...

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August 15, 2016

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By Electronic Delivery December 3, 2015 Helen Hubbard Associate Chief Counsel (Financial Institutions and Products) Internal Revenue Service 1111 Constitution Avenue, NW Washington, DC 20225 RE: Money Market Fund Reform – Diversification under Section 817(h) Dear Ms. Hubbard: The...

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By Electronic Delivery June 4, 2015 Hon. William Wilkins Chief Counsel Internal Revenue Service 1111 Constitution Avenue, NW Washington, DC 20224 RE: Money Market Fund Reform – Adviser Contributions Dear Mr. Wilkins: The Investment Company Institute,1 on behalf of its members, seeks...