• SEC Releases Long-Awaited Money Market Fund Reform Proposal
  • June 18, 2013 | Authors: Kenneth E. Burdon; Thomas A. DeCapo
  • Law Firm: Skadden, Arps, Slate, Meagher & Flom LLP - Boston Office
  • On June 5, 2013, the U.S. Securities and Exchange Commission (the SEC) released for public comment its proposal to further reform the regulatory structure governing money market funds and address the perceived system - ic risks money market funds present. The SEC’s proposed reform package includes two alternative approaches to reform that could be adopted by the SEC either alone or in combination: