Beyond the News Issue #4
This week: The SEC adopted new rules to strengthen the resilience of money market funds, but they may also further hamper the operation of institutional prime funds. Local government investment pools are not subject to these rules. but in a Spotlight piece to be released next week we’ll analyze some of the important implications for LGIPs. We also note an update from Fitch Ratings on its negative outlook for the AAA rating for the United States.
See you next week!