BlackRock Aktie
WKN: 928193 / ISIN: US09247X1019
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29.04.2014 18:28:00
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Moody's: SEC reforms credit negative for US asset managers, but no rating impact
New York, April 29, 2014 -- The US Securities and Exchange Commission's (SEC) proposed reforms of the $2.6 trillion US money market fund (MMF) industry, which are expected to be finalized this year, likely will result in loss of AUM and higher operating costs for MMF managers, says Moody's Investors Service. However, the rating agency does not anticipate any rating actions as a consequence of the reforms.
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