Friday, August 15, Michele Suriano (President of Castle Rock Investment Company) and I spoke with an industry insider and expert about the recently adopted SEC money market funds reforms. We covered the following key subjects:
- Floating Net Asset Value
- Redemption fees (discretionary and default)
- Discretionary redemption restrictions
- Disclosures to retirement plan participants
- Definition of “retail” MMFs
Look for our blog post Tuesday about the reforms.
Do you have questions about what the “key subjects” even mean? Are you an expert with your own opinion about these reforms? Reach out to me at Katherine@CastleRockInvesting.com! We look forward to sharing more with you.
— Katherine Brown, Research Associate at Castle Rock Investment Company
Castle Rock Investment Company, formed in 2006, is an independent woman-owned SEC-registered investment adviser located in Castle Rock, Colorado. We specialize in individual financial plans and qualified service plans.