WASHINGTON — The Investment Company Institute is pushing a series of regulatory changes to make money market funds more liquid and transparent.

In a 228-page report released Wednesday, the ICI called on the Securities and Exchange Commission to add provisions to its Rule 2a-7 that would require all money market funds to be able to sell at least 20% of their assets within seven days, if necessary, to maintain liquidity. Taxable funds would be required to be able to sell at least 5% of their assets within one day.

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