Current Regulatory Requirements
Following the 2010 reforms, in July 2014, the Securities and Exchange Commission (SEC) voted to adopt another round of regulatory changes for money market funds. These reforms impose significant structural changes across the industry, particularly on money market funds used by institutional investors. This section focuses on the regulatory requirements that came out of the reforms and includes resources to assist members implement the new rules.
Comment Letter
ICI Response on Potential Reform Options for Money Market Funds (pdf)
Fact Sheet
Summary of Key Money Market Fund Regulatory Requirements
This chart summarizes the regulatory requirements for money market funds that are effective as of...
ICI Viewpoints
Money Market Fund Reforms Combine with Bank Regulations to Boost Interest Rates
As detailed in the previous ICI Viewpoints in this series, the Securities and Exchange Commission’s...
Additional Regulatory Resources
Money Market Fund Reform Implementation Resource Center
As Money Market Fund Investors Adjust, Funds Have Managed Flows
The Securities and Exchange Commission’s new rules for money market funds, which must be fully...
For Money Market Funds, Massive Preparation Has Paid Off in Smooth Transition
First in a series on money market funds. By October 14, the money market fund industry must fully...
Focus on Funds: ICI Response to SEC Vote on Money Market Fund Regulation
In the July 25, 2014, edition of Focus on Funds, ICI President and CEO Paul Schott Stevens comments...
ICI Responds to SEC Final Rule on Money Market Funds
ICI President and CEO Paul Schott Stevens made the following statement about the new rules for money...
ICI Comment Letter on SEC Staff Analyses Related to Money Market Fund Reform (pdf)
Related Memos
March 25, 2025
Memo #36045
ICI Response to UK FCA Consultation on the Retail Disclosure Framework for Consumer Composite Investments
On March 20 we filed a comment letter with the UK Financial Conduct Authority in response to CP24/30 regarding a new retail disclosure framework for Consumer Composite Investments. The new disclosure framework will apply to both UK and overseas UCITS sold to...