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Rating:SEC Mulls Shortening Money Funds' Maturity Limits Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, June 23, 2009

SEC Mulls Shortening Money Funds' Maturity Limits

by: Armie Margaret Lee

The SEC is looking at possibly shortening money market funds' maturity limits to protect investors, Reuters reports, citing an anonymous source "familiar with the agency's thinking."

Regulators may require more disclosure regarding the funds' assets, according to the source.

The commission is slated to hold a meeting on Wednesday to consider proposals pertaining to money fund rules. 

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