SEC Chairman Gensler rejoins FSOC, talks mutual fund resilency

"The events brought particular focus to prime money market funds, and their interrelationship with investments in commercial paper and certificates of deposit. CP and CD have limited liquidity in good times, and in critical weeks of stress last spring, virtually disappeared. It’s important to ensure the resiliency of money market funds"

To read this article, you need to sign in.

You should only be asked to sign in once. Not the case? Click here

New to Regulatory Compliance Watch?

Register now to read this article and more for free.