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ICD COMMENTARY: OPERATIONAL AND ACCOUNTING ISSUES . WITH THE floating NAV AND THE IMPACT. ON MONEY MARKET FUNDS. JULY 2013. Institutional Cash Distributors, LLC. 580 California St., Suite 1335. San Francisco, CA 94104. Member FINRA/SIPC. ICD COMMENTARY: OPERATIONAL AND ACCOUNTING ISSUES WITH THE floating NAV. AND THE IMPACT ON. MONEY MARKET FUNDS. INTRODUCTION. The floating NAV is back on the table as one of three measures in the SEC's 2013 proposal on Money Market Fund regulation reform. This recurring concept is a regula- Editor's Note tory initiative that was first introduced by the President's When we originally presented this argument in February of 2012 it was in response to media reports of the SEC.
The floating NAV is back on the table as one of three measures in the SEC’s 2013 proposal on Money Market Fund regulation reform. This recurring concept is a regula-tory initiative that was first introduced by the President’s ... OPERATIONAL AND ACCOUNTING ISSUES
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