What is CMFI? We are a shareholder advocacy organization dedicated to promoting the interests, needs, and concerns of individual mutual fund investors. Learn more
On September 10, 2009, the Coalition of Mutual Fund Investors (CMFI) sent a comment letter to the Securities and Exchange Commission (SEC), regarding proposals by the SEC to reform its money market fund rules.
The CMFI comment letter advocates that the proposed rule amendments include a provision that requires full transparency in third-party hidden accounts, so that money market funds can evaluate liquidity risks at the investor level more accurately and on a real-time basis.
Click on the following link to review this CMFI comment letter to the SEC:
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Executive Director, CMFI