The Securities and Exchange Commission is considering making significant changes to money market mutual funds because there is still a danger that these funds could be unable to meet redemptions when investors begin to step off the sidelines en masse and move back into equity markets.

At a seminar on money market funds held last week at the U.S. Chamber of Commerce and hosted by the Center for Capital Markets Competitiveness, Vanguard Chairman John Brennan admitted that money funds had a near-death experience late last year.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.