Updated Sunday, July 5, 2015 as of 9:23 AM ET

SEC MMF Reform Could Send Depositors Back to Banks

With the SEC's proposed changes in money market fund regulation likely to go into effect mid-2014, banks should be taking a closer look now at the possible impact of, and opportunities related to, this expected reform. While there's often a conservative tendency for banks to forgo preemptive action in preference for a wait-and-see approach, the proposed changes to MMF rules may provide a window of opportunity to benefit from enhancing institutional cash management offerings.

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