Money market funds serve as important investment vehicles and function as major sources of liquidity for businesses, financial
institutions and governments. Today, we have
a high degree of regulatory activity in the money market
fund space with regard to the operation of
these funds subsequent to the wide ranging regulatory
changes in 2010. Further regulatory action designed
to increase the safety of the industry is
likely to come into play in 2012,but significant
thought and deliberation is necessary to
ensure that the MMF industry continues to
thrive.
Read the Article (PDF)