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U.S. Chamber Report Outlines Costs, Operational Challenges of Floating NAV for Money Market Mutual Funds

WASHINGTON, D.C.—A new U.S. Chamber of Commerce Center for Capital Markets Competitiveness (CCMC) report released today finds that the operational complexity, systems alterations, and business process changes needed to support a floating NAV threaten the vitality of money market funds for most investors, including businesses and municipalities. The report titled, “Operational Implications of a Floating NAV across Money Market Fund Industry Key Stakeholders,” examines the compliance costs across key stakeholders if money market funds (MMFs) transition to a floating net asset value (NAV).

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