INTERNATIONAL: IOSCO Extends the Deadline for Comments on it`s Consulation Report on Money Market Funds Systemic Risk Analysis and Reform Options

Friday June 1 2012

The International Organization of Securities Commissions (“IOSCO”) today announced that it has decided to extend the consultation period for its report on Money Market Fund Systemic Risk Analysis and Reform Options for one month.

IOSCO reported that they had received a number of requests to extend the original one month consultation period in order to allow respondents to comment in greater detail.

Given the importance of the subject IOSCO has decided to provide more time for responses. The new closing period for comments is now Friday 29 June 2012, 18h00, CET.

The report provides a preliminary analysis of the possible risks that money market funds (MMFs) could pose to systemic stability and consults on a range of policy options to address those risks.

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