Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/103434
Authors: 
Lewis, Craig M.
Schlag, Christian
Year of Publication: 
2014
Series/Report no.: 
White Paper Series 24
Abstract: 
On 23 July 2014, the U.S. Securities and Exchange Commission (SEC) passed the "Money Market Reform: Amendments to Form PF ," designed to prevent investor runs on money market mutual funds such as those experienced in institutional prime funds following the bankruptcy of Lehman Brothers. The present article evaluates the reform choices in the U.S. and draws conclusions for the proposed EU regulation of money market funds.
Subjects: 
money market funds
liquidity runs
floating net asset value (FNAV)
Document Type: 
Working Paper

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