Money Market Fund Reform Comment Letter Submission
On Tuesday, SFIG submitted a comment letter to the U.S. Securities and Exchange Commission (“SEC”) regarding the SEC’s July 23rd proposal. This proposal includes, among other things, the possible amendment of Rule 2a-7’s issuer diversification provisions to eliminate an exclusion that is currently available for securities subject to a guarantee issued by a non-controlled person.

SFIG’s comments were developed through its Money Market Fund Reform Task Force and ABCP Committee, and drafted by counsel at Chapman and Cutler LLP.

If you would like to participate in SFIG’s Money Market Fund Reform Task Force, please contact Alyssa Acevedo.
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