Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Industry Trade Group Comes Out Against Money Fund Rule Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, September 05, 2008

Industry Trade Group Comes Out Against Money Fund Rule

by: Erin Kello

Another fund industry player has come out against the money fund rule. The WSJ reports that the Investment Company Institute will pen a letter including its concerns on the proposed rule to the SEC on Friday. "We strongly oppose" removing the role of credit ratings in how money-market funds select their investments," Karrie McMillan, ICI's general counsel, told the pub.

Those who have already sent their concerns to the SEC include:
  • Thomas Mooney, chairman of the board of the Advanced Series Trust, Prudential Series Fund and Prudential Gibraltar Fund Inc;
  • the boards of two Evergreen money-market trusts;
  • First American Funds;
  • Robin Smith, board chairman of the JennisonDryden and Target funds;
  • Robert Uek, chairman of the IDC governing council;
  • and Vanguard.  

    Stay ahead of the news ... Sign up for our email alerts now
    CLICK HERE

  • 0.0
     Do You Recommend This Story?



    GO TO: MFWire
    Return to Top
     News Archives
    2019: Q4Q3Q2Q1
    2018: Q4Q3Q2Q1
    2017: Q4Q3Q2Q1
    2016: Q4Q3Q2Q1
    2015: Q4Q3Q2Q1
    2014: Q4Q3Q2Q1
    2013: Q4Q3Q2Q1
    2012: Q4Q3Q2Q1
    2011: Q4Q3Q2Q1
    2010: Q4Q3Q2Q1
    2009: Q4Q3Q2Q1
    2008: Q4Q3Q2Q1
    2007: Q4Q3Q2Q1
    2006: Q4Q3Q2Q1
    2005: Q4Q3Q2Q1
    2004: Q4Q3Q2Q1
    2003: Q4Q3Q2Q1
    2002: Q4Q3Q2Q1
     Subscribe via RSS:
    Raw XML
    Add to My Yahoo!
    follow us in feedly




    ©All rights reserved to InvestmentWires, Inc. 1997-2019
    14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
    Privacy Policy :: Terms of Use