Loading...
Loading...
“BlackRock supports the SEC's efforts to improve the resiliency of U.S. money
market funds during times of stress and appreciates the thoughtful, deliberate
and consultative process the Agency has undertaken to achieve this result. In
light of these changes, we believe that money market funds will continue to
prove a valuable cash investment strategy. BlackRock is well positioned to
offer our clients the full spectrum of stable NAV, floating NAV, Government,
Prime and Municipal cash management products. We look forward to engaging
closely with our clients over the coming months to discuss the wide array of
cash solutions available to successfully adapt to these new reforms.”
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted In: NewsPress Releases
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in