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CCT Urges Protection of Stable NAV for Money Market Funds


[print version]

On July 21, 2010 FEI’s Committee on Corporate Treasury joined over a dozen other companies and associations in a letter to the SEC and the U.S. Treasury raising concerns about proposals under consideration by the President’s Working Group on Financial Markets to eliminate the stable net asset value of money market funds.  In the letter, the signed companies and associations urged regulators to support for policies that promote the use of the stable NAV that has served American investors and businesses so well for decades.

[print version]


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