The Investment Company Institute’s money fund working group has recommended a series of measures to make money funds more stable, less prone to massive redemptions all at once and more transparent—all in an effort to help the funds maintain investors’ faith and their $1 NAV.

The ICI suggests that funds have up to five days to honor redemptions or purchases and that they disclose their holdings every month. And, in order to reveal large shareholders such as institutions, whose redemptions would have a tremendous impact on the fund, that they disclose the types of investors they have.

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