Ennis, Huberto M.; Lacker, Jeffrey Malcolm; Weinberg, … - In: Journal of Risk and Financial Management 16 (2023) 1, pp. 1-14
After the events in March 2020, it became clear to U.S. policymakers that the 2014 reform of the money market funds (MMFs) industry had not successfully addressed the stability concerns associated with surges in withdrawals. In December 2021, the SEC proposed a new set of rules governing how...