2010 SEC Proposals & Fund Commentary

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2010 SEC Proposals & Fund Commentary

ICD fully supports industry and government initiatives that further strengthen the products used by our clients. On January 27, 2010, the SEC voted to adopt several proposals to update Rule 2a-7, the federal regulation that governs SEC-registered money market funds.

Please find on this page Fund Family commentary on these proposals, which ICD will update as they are released. Feel free to contact ICD with questions regarding specific funds or the industry in general.

Columbia Management: Securities and Exchange Commission Raises the Bar for Money Fund Managers (2-2-2010)

Columbia Management: SEC Alters the Playing Field for Managers of Money Market Funds (02-10-2010)

Federated: Federated Welcomes SEC Money Market Changes (1-27-2010)

Federated: Federated Summary of Money Market Fund Reform Rules

Fidelity: Fidelity Investments' Statement Regarding Upcoming Changes to Federal Regulation Governing Money Market Mutual Funds (01-27-2010)

First American Funds: New Money Market Fund Regulations

Morgan Stanley: Money Market Fund Update (02-2-2010)

Morgan Stanley: SEC Amendments to Rule 2a-7 (03-15-2010)

Northern Trust: SEC Approves New Rules for Money Market Funds (2-4-2010)

RBC: The SEC's Reform Rule 2a7 Regulations- How do the Changes Affect the RBC Money Funds?

Western Asset: SEC Amends Rules for Money Market Funds (2-29-2010)

Wells Fargo: Overview, Strategy, and Outlook, as of January 31, 2010 (02-9-2010)