Working Group

• Money Market Fund Reform Sticking Point: Floating NAV

  By Melanie Waddell, AdvisorOne  |  January 11, 2011

  As comments continue to stream into the SEC regarding reforms to money market funds, proposals for a floating net-asset value (NAV) are getting lots of opposition.

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  Vanguard to SEC: More Money Market Fund Reforms Should Be Weighed Carefully

  By Melanie Waddell, AdvisorOne  |  January 10, 2011

  Vanguard has told the SEC that while the new minimum liquidity levels imposed on money market funds will help deter 'runs,' further money market fund reforms must be weighed carefully.

• Vanguard to SEC: Further Money Market Fund Reforms Should be Weighed Carefully

  By Melanie Waddell, AdvisorOne  |  January 10, 2011

  Vanguard has told the SEC that while the new minimum liquidity levels imposed on money market funds will help deter 'runs,' further money market fund reforms must be weighed carefully.

• President's Working Group Releases Report on Money Market Fund Reforms

  By Melanie Waddell, AdvisorOne  |  October 22, 2010

  PWG: while a number of positive reforms have been implemented, more should be done to address money market funds' susceptibility to runs.

• Washington Watch: Fiduciary Wrangling Resumes

  By Melanie Waddell, AdvisorOne  |  February 1, 2010

  The fiduciary battle is kicking into high gear. Advisor trade groups as well as state securities regulators and investors rang in the New Year by...

• Erik Sirri to Leave SEC

  By Melanie Waddell, AdvisorOne  |  March 31, 2009

  Erik Sirri, director of the Securities and Exchange Commission's Division of Trading and Markets, has announced he will leave the Commission at the end of April and return to academia.

• Levitt and Donaldson Head Investor's Rights Task Force

  By Nancy R. Mandell  |  March 2, 2009

  A non-partisan task force composed of financial industry experts and co-chaired by two former SEC chairmen has been assembled to stress the "primacy of investor interest" in the expected regulatory reforms to the U.S. financial markets.