In response to the financial crisis, the Securities and Exchange Commission Wednesday met to discuss potentially imposing sweeping new regulations aimed at bolstering the safety and resilience of money market mutual funds.
Among the possible changes under discussion Wednesday included imposing for the first time explicit new liquidity requirements that would make it easier for a fund's assets to be immediately converted into cash.
Other possible changes could include shortened maturity limits, stronger investment requirements to help strengthen their credit quality and new disclosure rules.
