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WEBINAR

Money Market Fund Reforms and New Board Responsibilities
February 26, 2015

In 2014, the Securities and Exchange Commission (SEC) adopted significant reforms for money market funds, which include new and expanded responsibilities for fund directors. This webinar featured a panel of industry experts to discuss the new board responsibilities, including those related to the imposition of liquidity fees and redemption gates. 

MATERIALS

  • Archive recording
  • Presentation slides (pdf)

HIGHLIGHTS

The webinar covered the following topics:

  • New types of money market funds—“retail” and “government”
  • Liquidity fees and redemption gates: policies and procedures
  • Valuation guidance
  • Stress testing, diversification, and disclosure

FEATURED SPEAKERS

  • Annette Capretta, Moderator
    Deputy Managing Director
    Independent Directors Council
  • Stephen A. Keen
    Senior Counsel
    Perkins Cole LLP
  • Susan B. Kerley
    Independent Director
    Legg Mason Partners Fixed Income Board and MainStay Funds
  • Frank J. Nasta
    Managing Director, Head of JPMorgan Funds Management Legal
    J.P. Morgan Asset Management

This webinar was closed to the media.


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