Negative Impacts of New US Money Market Fund Regulations on Businesses and Municipalities

New Money Market Fund regulations which went into effect October 14, 2016 were intended to prevent future bailouts and enhance market stability. Instead, they have disrupted financial markets, hurt municipal and business borrowers, improved short term borrowing conditions for the U.S. government and agencies at the expense of investors and the private sector, and increased U.S. taxpayer bailout exposure in future market stress events.