New SEC Money Market Funds Proposal Will Affect Private Sector

摘要

The latest money market fund (MMF) reform proposal the Securities & Exchange Commission (SEC) is kicking around probably won't sit much better with corporate treasury and financial types than the last one. The Mary Jo White-chaired SEC has proposed a slightly less radical regulatory approach than the one Mary Schapiro's SEC considered. That was abandoned last year when Schapiro couldn't line up enough support from other commissioners before she left the SEC. White, her replacement, managed to bring the other four commissioners on board with her proposal.