Briefing
Reforming Money Market Mutual Funds: A Difficult Assignment
Abstract: The money market mutual fund (MMMF) industry was one of many segments of the financial sector that experienced significant volatility during the 2007?08 financial crisis. Reform efforts have been underway to make the industry more resilient to shocks, but proposals have been controversial. This Economic Brief explores some of the key issues and sheds light on why reforming this industry has been so challenging.
Keywords: Financial Markets and Institutions; Financial Regulation;
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Bibliographic Information
Provider: Federal Reserve Bank of Richmond
Part of Series: Richmond Fed Economic Brief
Publication Date: 2014
Issue: Feb