Accounting, Regulations, & Reporting

 

Accounting, Regulations, & Reporting; Advisories
March 18, 2014 Posted by

Money market funds (MMFs) have grown to an industry with over $2.9 trillion in assets, down from the peak of almost $4 trillion in 2009. Due to their price stability, liquidity, competitive market returns and simple accounting, MMFs are widely used by corporate investors as an interest bearing cash management tool. While this investment vehicle is viewed by many as a low risk, low return option, there has been an increase in regulatory activity. In response to the financial crisis of 2008, the SEC has worked with the MMF industry to introduce a number of new rules to further strengthen MMFs and ensure their resilience in the event of extraordinary market conditions. Read about proposed changes to the industry and how investors could be affected.

Read More
0 Comments | Join the Discussion

Accounting, Regulations, & Reporting
October 15, 2008
The Sarbanes-Oxley Act of 2002 (SOX) is the most significant business legislation introduced since the Great Depression and is primarily designed to enhance public confidence in corporate governance and financial
Read More