On January 7th, 2013, West LegalEdCenter will present a one hour webinar on the recent developments in Money Market Fund (“MMF”) Regulation. After the Securities and Exchange Commission was unable to reach a consensus on a MMF reform proposal, the FSOC published proposed recommendations for potential MMF reform actions. These recommendations were submitted to the SEC for public comment. The proposed recommendations included a range of options, including requiring MMFs to implement a floating net asset value or, in the alternative, maintain a stable net asset value, subject to the maintenance of capital buffers and restrictions on redemptions under certain circumstances.
The webinar will address the following topics:
1) MMF industry and reform initiatives 2008-2012;
2) The FSOC recommendation process;
3) Issues and implications regarding the FSOC reform alternatives; and
4) Prospects for SEC action on MMF reform.
For more information, please visit Money Market Fund Regulation in the Spotlight.