While Fidelity Investments agrees with most of the Securities and Exchange Commission’s proposed changes to money market funds, it doesn’t want to see “radical changes” to the asset class, a spokesman told The Wall Street Journal.

What large fund companies seem to agree on is better security of and discipline for capital markets, and greater transparency for money funds, which should be limited to holding only the highest-quality securities. As for increased capital requirements for both retail and institutional funds, in theory, that is not a problem, but in practice, it could be because money funds do not differentiate between the two investors, executives said.

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