The U.S. Securities and Exchange Commission recently amended the rules governing money market funds in an effort to increase the stability and liquidity of these funds in times of economic stress. Sponsors of retirement plans should consider how their use of money market funds should be changed in light of these revised rules.
New Money Market Fund Rules Require Review by Retirement Plan Sponsors
By Maggie McTigue and Stephen Pavlick on October 9, 2014
Posted In Retirement Plans