"Fundamentally altering the structure and character of money market mutual funds would have destroyed the product and sharply reduced short-term financing for businesses and cities while derailing our economic recovery. Given these implications, we will continue to use every available tool to urge all regulators to answer one simple question: With the major reforms the SEC already adopted in 2010 and the importance of money market funds to the American economy, why risk fundamentally changing money market mutual funds now?"  MORE >>