SEC to Discuss Floating NAV for Money Market Funds

The Securities and Exchange Commission is set to discuss the prospects for using floating net asset value for money market funds at a committee meeting Monday, the SEC said. While the meeting will address a variety of topics — mandatory arbitration, fiduciary responsibility, a public service announcement campaign and environmental, social and governance topics — it is dedicating a discussion to the key issue of net asset value for money market mutual funds – iMarketNews

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