What is ICI’s Money Market Working Group?
The Money Market Working Group is a panel of industry leaders, established by the Executive Committee of ICI’s Board of Governors, which was tasked in November 2008 with finding ways to strengthen the money market and money market funds. The Money Market Working Group submitted its report to ICI’s Board on March 17, 2009. On March 17, ICI’s Board passed a resolution strongly endorsing the recommendations of the Working Group and urging all ICI money market fund members to take actions to implement those recommended practices that could be done without regulatory action as soon as possible. Learn more about the Working Group and its recommendations here.
The Money Market Working Group is a panel of industry leaders, established by the Executive Committee of ICI’s Board of Governors, which was tasked in November 2008 with finding ways to strengthen the money market and money market funds. The Money Market Working Group submitted its report to ICI’s Board on March 17, 2009. On March 17, ICI’s Board passed a resolution strongly endorsing the recommendations of the Working Group and urging all ICI money market fund members to take actions to implement those recommended practices that could be done without regulatory action as soon as possible. Learn more about the Working Group here.
