Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:State Street Helps Advisors With Money Fund Regulations Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, May 5, 2010

State Street Helps Advisors With Money Fund Regulations

Reported by Daniel Tovrov

State Street Corporation is prepared for the new money market regulation amendments is ready to prepare advisors as well. The Boston-based company has released new services to help with Rule 2a-7 compliance.

The program will help money market funds manage new liquidity and feature maturity and credit guidelines for reporting and disclosure, according to a release.

"This comprehensive suite of money market fund services is specifically designed to help advisors meet the requirements of the regulations without having to invest in additional infrastructure," stated Alan Greene, executive vice president of Global Services for State Street Corporation.

"State Street's solution provides a range of stress tests to help clients assess the stability of their portfolios in times of market turmoil, as well as new calculations, reporting and filings to help clients meet all of the new SEC guidelines," Greene continued.

The stress tests cover fund performance in response to "hypothetical market scenarios," including interest rate shifts and increased redemptions. Additionally, the tests can assess what impact September 2008-like conditions would have on funds. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use