April 30th, 2016

Иван Дурак

Rule Changes on Money-Market Funds

If you have cash parked in a money-market mutual fund in a 401(k) or similar plan,
you may want to start preparing for sweeping changes on the horizon.

Effective Oct. 14, 2016, the SEC... new rules will allow:
- to temporarily suspend cash redemptions or
- impose liquidity fees on investors withdrawing assets