Federated Investors' Cunningham Says of the 15c3-3 Market "It's Huge". In the current issue of Money Fund Intelligence, we interview Senior VP & Taxable Money Fund CIO Deborah Cunningham of Federated Investors. We ask about an S.E.C. proposal to modify Rule 15c3-3, which would allow large government money funds to be used as collateral for brokerage firms. She tells us, "We're in the process right now of attempting to get some things [passed by the SEC] that could open up another $100 billion in market assets, if it goes through as we would like it to.... It's huge." Comments are being accepted on the Proposed "Amendments to Financial Responsibility Rules for Broker-Dealers" until May 18. Comments so far may be seen here.

Email This Article




Use a comma or a semicolon to separate

captcha image

Money Market News Archive

2024 2023 2022
March December December
February November November
January October October
September September
August August
July July
June June
May May
April April
March March
February February
January January
2021 2020 2019
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2018 2017 2016
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2015 2014 2013
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2012 2011 2010
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2009 2008 2007
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2006
December
November
October
September