Finance & markets · 23/09/2016Updated: 10/17/2026 · 1 min read
Correction to Final Regulations on Accounting for Gains and Losses in Money Market Funds
Summary
The U.S. government has issued a correction to its final regulations on accounting for gains and losses on shares in money market funds, which were published in the Federal Register on July 8, 2016, and provide a simplified method for reporting these transactions.