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CCT Responds to Report on Money Market Fund Reform


[print version]

On January 10, 2011 FEI’s Committee on Corporate Treasury joined over twenty other companies and associations in a letter to the U.S. Securities and Exchange Commission, commenting on the President’s Working Group Report on Money Market Fund Reform.  Specifically, CCT and the signed companies raised concerns about proposals to eliminate the stable net asset value (NAV) of money market funds, which could jeopardize these important sources of short-term financing for U.S. businesses, impair companies’ ability to raise capital, and ultimately hinder economic growth.

[print version]


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