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SEC votes to amend money-market fund and BD customer protection rules

Man looking at computer screen of stick and bond performance
Photo: Carl Court/Getty Images
Julie DiMauro profile image

Julie DiMauro

3 min read

Regulator moves to increase resilience of money-market funds, but there are dissenting voices.

On Wednesday, the SEC voted 3 to 2 to finalize rules aimed at increasing the resilience of the US money-market fund industry.

The SEC says in its press release about the reforms that the amendments will increase minimum liquidity requirements for money-market funds with the goal of providing a more substantial liquidity

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