Last December, we also reviewed the Top 10 Stories of 2016. Today's "Link of the Day reprints the first paragraph of the story from one year ago. We wrote on Dec. 27, 2016, "This past year saw historic changes to money market mutual funds, including a massive shift of assets from Prime funds into Government MMFs, rates inching their way higher after almost a decade of zero yields, and the dawn of floating NAVs for Prime Inst money funds. Money fund managers continued to revamp their money fund lineups, convert funds to Government MMFs, and exit the business in 2016. It was also the second straight year that the Federal Reserve inched rates higher in the last month of the year. We've selected the most important news stories of the past year below, as well as those that represent some of the major trends. Crane Data's Top 10 Stories of 2016 include (in chronological order): "Rolling w/Reform Changes II: Recap of '15 Announcements, '16 Plans" (1/6/16); "Govt MMF Assets Surpass Prime for First Time Ever; Highest in 5 Yrs" (2/26/16); "More Exits: PNC Liquidates, PIMCO Goes Govt; First American Update" (3/1/16); "Money Fund Disclosure Reforms Go Live; Websites Add MNAVs, DLA, WLA" (4/14/16); "Prime Outflows, Spreads, and Liquidity Major Issues at MF Symposium" (6/30/16); "Morgan Stanley Pulls Plug on Prime, Muni Sweeps; ignites on Strikes" (8/15/16); "Big Shift Out of Prime and Muni MMFs Hits $1 Trillion" (9/30/16); "SEC's Money Fund Reforms Go Live; NAVs Float, Emergency Gates, Fees" (10/14/16); "Europe Agrees to Money Fund Reforms: VNAVs, CNAVs and New LVNAVs" (11/17/16); and "Fed Hikes! Second Time in 10 Years; Dec. BFI: End of Bull, USAA Profile (12/15/16).... For more 2016 News (and prior years going back to 2006), see Crane Data's News Archives. We'll continue to provide daily updates on the money fund marketplace in the coming year, so keep reading our News and Link of the Day commentaries."