bg-arrow-down icon-arrow-up icon-back-to-top icon-linkedin icon-menu icon-search icon-twitter logo-white slider-arrow-left-gray slider-arrow-left slider-arrow-right-gray slider-arrow-right

Costs of a Floating NAV: The SEC’s proposed change to money-market funds would cost an estimated $4.8 billion over 10 years. How much of that burden would fall on your business?

Consulting firm Treasury Strategies conducted a study for the U.S. Chamber of Commerce that pins a dollar figure on the impact to institutional investors of a move to a floating NAV for money-market funds: between $1.8 billion and $2 billion up front, then another $270 million to $280 million per year. Treasury Strategies came to these numbers by analyzing the effects of the change on investors in an array of different categories, including corporations of all sizes and public institutions such as municipalities and universities. “We applied a lot of different cost components and then generated a very conservative estimate,” says Steve Wiley, a manager with Treasury Strategies.

Click here for the full article.

For more information