2a 7 money market fund reform
At present, Rule 2a-7 requires that every money market fund, immediately after acquisition of an asset, hold at least 10% of its total assets in “daily liquid assets” and at least 30% of its total assets in “weekly liquid assets.”. · Money market funds are a type of mutual fund registered under the Investment Company Act of and regulated under rule 2a-7 of the Act. Money market funds pay . Money market accounts blend some of the abilities of both c. Many people are familiar with checking and saving accounts, but money market accounts are an additional method of storing money with a bank. abc-baltin.de › newsroom › alerts › January › SEC-Proposes-Mone. Jul 12, · Increased liquidity requirements also got more stringent as part of Rule 2a For one, taxable funds must hold at least 10% of their assets in investments that can be converted into cash. Increased liquidity requirements also got more stringent as part of Rule 2a For one, taxable funds must hold at least 10% of their assets in investments that can be converted into cash. Remove the fee and gate provisions from rule 2a Portfolio liquidity requirements Rule 2a-7 requires money market funds to hold at least 10 percent of their total assets in daily liquid . Currently, the rule requires that immediately after acquisition of an asset. Proposed Amendments Rule 2a-7 is the principal rule governing money market funds. Will a money market account give you the best retu. If you’ve got money to invest and you’re considering a money market account, you need to know about current money market rates and other key details.