PHOENIX -- Commissioner Elisse Walter told fund industry executives Monday to re-engage with the Securities and Exchange Commission on a new round of reform of money market mutual funds – and end its “unconstructive disengagement’’ on the subject.
“Late last year, the industry brought its dialogue with the commission to an abrupt end,’’ she told attendees at the Investment Company Institute’s Mutual Funds and Investment Management Conference here. “It has since moved to the media with a flurry of statements in the press. That deeply disappoints me, the chairman, and the commission staff.”
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access