Summary
Typically, money market mutual funds are seen as extremely secure investments. However, after the financial crisis in 2008, the Dodd-Frank Act was signed into law to prohibit the U.S. government from bailing out failed investments. In reaction to the same crisis, but pertaining specifically to money market mutual funds, the SEC imposed new regulations. We’ll determine what risks the European Debt crisis coupled with these new regulations poses to money market mutual funds.
Key Learning
• The history of money market mutual funds
• How much risk is inherent in today’s money market mutual funds
• Recent regulations pertaining to money market mutual funds
• What exposure foreign sovereign debt poses to money market mutual funds
Speaker
Dave Richards
CFP®, Director, Investment Services
Dave oversees the Investment Services department. His focus is on communicating the results and importance of complex investment research and analysis to clients. Dave is a Certified Financial PlannerTM practitioner, and holds an MBA from Newman University. Read more…
