April 27 (Bloomberg) -- Global regulators are weighing tougher rules for money market funds over concerns that they may amplify future financial crises.
“Confidence shocks” in such funds can “quickly have a broader macroeconomic impact,” the International Organization of Securities Commissions said in a document published today on its website.
Options being considered by regulators include imposing stricter liquidity requirements on money market funds, and reducing their reliance on credit ratings, IOSCO said.
IOSCO, based in Madrid, is seeking views on the plans until May 28.
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