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Lipper: No Seismic Shift In Money Market Fund Assets
FYI: Under SEC rules set to take effect this October, institutional prime money market funds (and institutional tax-exempt money market funds) will be required to price their shares at a floating net asset value, while government, Treasury, and retail prime money funds can continue to offer shares at a stable $1 NAV. Regards, Ted http://lipperalpha.financial.thomsonreuters.com/2016/02/no-seismic-shift-in-money-market-fund-assets/