New Money Market Fund Rules Require Review by Retirement Plan Sponsors

Overview


Maggie McTigue, Stephen Pavlick and Karen Simonsen wrote this bylined article that reviews new SEC rules on the stability and liquidity of money market funds. “Retirement plan fiduciaries have a fiduciary obligation to consider whether to consider utilizing money market funds in light of the likely increase in expenses, potential limitations on liquidity, and administrative challenges under the new money market rules,” the authors cautioned.