The SEC staff has made available as a supplement to its June 2013 money market fund reform proposal (discussed in the June 11, 2013 Financial Services Alert) the following analyses of data and academic literature related to money market fund reform conducted by the staff of the SEC’s Division of Economic and Risk Analysis:
The analyses are being made available for public consideration in connection with the money market fund reform proposal. Comments on the analyses may be submitted on or before April 23, 2014 to the comment file for the money market reform proposal. The press release announcing the availability of the analyses noted that the SEC or its staff may make available additional studies, memoranda, or other substantive items during the rulemaking.
IRS Circular 230 Disclosure: To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. tax advice contained in this informational piece (including any attachments) is not intended or written to be used, and may not be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.
