Money Market Funds Content

In the September 20, 2013, issue of Focus on Funds, ICI general counsel Karrie McMillan outlines ICI’s concerns with reforms under consideration by the U.S. Securities and Exchange Commission.

ICI's comment letter to the SEC about money market fund reform will be posted on September 18.

ICI President and CEO Paul Schott Stevens made the following statement today as ICI filed its comment letter on the Securities and Exchange Commission’s money market fund regulatory proposal:

ICI Global and ICI Disappointed with EU Proposal for Money Market Fund Regulation London, 4 September 2013 - Today, ICI Global Managing Director Dan Waters and ICI General Counsel Karrie McMillan made the following statement about the European Commission’s proposal for the regulation...

Paul Schott Stevens, President and CEO, Investment Company Institute address at Crane's Money Fund Symposium

The Investment Company Institute, in its preliminary reaction to the recent Securities and Exchange Commission (SEC) proposal of two options for the reform of money market funds, made clear its continuing opposition to floating the net asset value (NAV) for any category of money...

ICI Statement on Proposed SEC Rulemaking for Money Market Funds Washington, DC, June 5, 2013 - Paul Schott Stevens, President and CEO of the Investment Company Institute, issued the following statement in response to today’s vote by the Securities and Exchange Commission to issue for...

Focus on Funds Money Market Fund Regulatory Developments The May 31, 2013, issue of Focus on Funds features ICI General Counsel Karrie McMillan discussing a newly announced U.S. Securities and Exchange Commission meeting and likely action in the European Union. Additional Resources...

     April 30, 2013 Ms. Jennifer J. Johnson Secretary Board of Governors of the Federal Reserve System 20th Street and Constitution Avenue, N.W. Washington, D.C. 20551 Re: Enhanced Prudential Standards and Early Remediation Requirements for Foreign Banking Organizations and Foreign...