CMFI Releases Comment Letter on Money Market Rules

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:
Thank you for your interest in the Coalition of Mutual Fund Investors.

Niels Holch
Executive Director, CMFI