SEC Chairman Mary Shapiro mentions money funds in yesterday'​s "​Address to the Society of American Business Editors and Writers" speech. In a brief section entitled "Money Market Funds, Shapiro says, "​Nearly $​4 trillion are invested in money market funds. When the Reserve Fund broke the buck last fall, it called into question the stability of all funds and has led us to ask how we can bolster the resilience of these funds that have become so important to our economy and to investors. This June, we will propose enhancements to the rules governing the credit quality, maturity and liquidity provisions that currently apply to money market funds. In addition, we are reviewing whether more fundamental changes are needed to protect investors from runs on the funds, including floating rate net asset values."

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