CFA Institute Comments of the SEC’s proposal to remove certain references to credit ratings agencies to diversifications requirements in money market funds. The proposed changes would free money market funds from the requirement to use credit ratings
CFA Institute Comments of the SEC’s proposal to remove certain references to credit ratings agencies to diversifications requirements in money market funds. The proposed changes would free money market funds from the requirement to use credit ratings in certain circumstances. Such funds could still use credit ratings in their evaluations, but as a choice, not a requirement.