Municipal money fund managers are seeking outside credit analyses we hear from The Savader Group founder and former Moody'​s analyst Mitchell Savader and former iMoneyNet sales manager Perry Leardi. Managers are requesting assessments on "compliance with SEC Rule 2a-​7 -- particularly the need to invest only in high-​quality (​double-​A or better) securities -- the ongoing ability of obligors to meet spiking interest expenses, and the need to maintain a stable share price," Savader tells us.

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