More postings were listed recently on the SEC'​s "​Comments on Proposed Rule: Money Market Fund Reform" website. These include a Dec. 18 meeting of Federated with Commissioner Walter and a Dec. 15 Goldman Sachs meeting with the Office of the Chairman. The Federated posting says, "On December 18, 2009, Commissioner Walter, along with Christian Broadbent and Brian Murphy of Commissioner Walter'​s office, met regarding the above-​referenced proposal with John McGonigle and Deborah Cunningham of Federated, and Stephen Keen of Reed Smith." The latest Goldman letter says, "On December 15, 2009, Timothy O'​Neill, James McNamara, James McCarthy, David Fishman and Peter Bonanno of Goldman Sachs and Annette Nazareth of Davis Polk & Wardwell LLP met with the following SEC representatives: Mary L. Schapiro, Chairman; Andrew J. Donohue, Director, Division of Investment Management; and Jennifer B. McHugh, Senior Advisor to the Chairman.... In particular, the Goldman Sachs representatives discussed their support for prohibiting money market funds from acquiring second-​tier securities; the practical challenges of redeeming large shareholders in-​kind rather than in cash; the impact of proposals to differentiate institutional from retail money market funds; their objection to floating net asset values and disclosure of shadow net asset values; and their support of weighted average life restrictions.

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