"SEC Proposal Would Boost" Money Market Assets" Says Ignites

Jun 12 07

"SEC Proposal Would Boost" Money Market Assets" Says Ignites. The article recaps the proposed B-D responsibility rule changes involving 15c3 and money market funds. "Some industry observers have informally estimated that as much as $100 billion in assets could flow into money market funds as a result of the change," says ignites.com. The proposed rule and comments (due by June 18) may be seen here.

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