Money market mutual funds are exempt from SEC requirements that mutual funds maintain floating net asset values.
FORBES: Framing the Money Market Mutual Fund Debate
In the hopper are suggestions around floating net asset value, like other mutual funds, or adding in capital buffers and redemption controls.
"In a high-net-worth portfolio, the floating rate element is typically cash, " says Andrew Marshak, a managing director in Credit Suisse Asset Management's Credit Investment Group.
WSJ: A Secure High-Yield Alternative?
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