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Thursday, June 20, 2013

SEC Launches a Money Fund Site

Reported by Tommy Fernandez

The SEC's Division of Investment Management has launched a new website devoted to the topic of money market fund reforms.

According to a statement from the Division, the website is meant to serve as a one-stop shop on the subject, containing links to the SEC's recently proposed rule along with analysis, research, and other resources.

"This webpage marks another step forward in the Divisionís goal of improving communications with the investing public and the mutual fund industry. We hope it serves as a useful tool for investors and the industry as they consider the proposed money market fund reforms," stated Norm Champ, Director of the SEC's Division of Investment Management.

 

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