WSJ writes "​Money-​Fund Effort Seeks Transparency", giving some hints at the pending ICI Money Market Working Group report. The article says, "The Investment Company Institute trade group will be recommending Wednesday some changes in money funds, in a bid to make them more transparent, liquid and better prepared to handle potentially large redemptions." It also says the report "​suggests that all money funds be required to publish their investments on a monthly basis," "that funds disclose the type of clients they have," and says, "For the first time, money funds would be required to hold a cash balance of 5% to 20%, which would comprise Treasurys and other securities that can be redeemed within one to seven days." ICI also recommends reducing "the average weighted maturity of money funds' investments from 90 days to 75 days." Look for more when the report is officially released in coming days. See also, NY Times' "​Mutual Funds Move to Restore Investor Confidence", AP'​s "​Industry recommends money-​market fund safeguards", and the press release "​J.​P. Morgan Supports Money Market Working Group Recommendations".

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