Gartland & Mellina Group Analyzes Implications of 2014 SEC Money Market Fund Reform

NEW YORK, Nov. 24, 2014 /PRNewswire/ -- Gartland & Mellina Group—a management consulting firm specializing in innovative insights and strategic solutions within Financial Services—is helping the industry to better understand and tackle the recent money market reform. In their latest addition to the GMG Industry Insight Series, the authors provide tangible strategies to enable broker-dealers to manage the effect on their business. GMG offers a close look at the far-reaching implications of the reforms that will be taking effect from October 2014 through October 2016, ranging from a detailed analysis of the specific operational and technological impacts to a look at formulating a strategy to comply with the reform.

The paper should serve as a valuable resource for both broker-dealers seeking to comply with the recent reforms and anticipate client reactions, as well as industry thought leaders seeking to understand and explain implications of the reforms to the public and industry at large. In particular, the projected timeframes and costs of implementation should be especially timely and significant, as broker-dealers begin to look toward 2015.

With experience in wealth and investment management, as well as operational strategy, regulatory, compliance and information technology, authors Bharat Sawhney and Matthew Yee along with Partner Timothy Cooke offer a multi-dimensional approach to the new SEC requirements for money market funds. "We have already been working with several broker-dealers to assess the impacts of the reform to their organizations," said Mr. Cooke, "and have identified strategic solutions to comply with the reform while minimizing impact to firms and their clients."

"We think it is important for all financial professionals who have clients investing in money market funds to understand the widespread implications for the industry, and form a strategy for adapting to this reform," said Mr. Sawhney. He continued, "In addition to the practical implications, these changes will shift the way many investors perceive such funds as an attractive product for liquid assets, and the investment management community needs to be prepared for that."

The paper and official press kit can be downloaded by visiting: http://gartlandandmellina.com/gmg/who-we-are/white-papers/

For more information, lead author interviews and press access to the papers, contact MBC Strategic at (310) 445-3333 or [email protected]. 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/gartland--mellina-group-analyzes-implications-of-2014-sec-money-market-fund-reform-300000404.html

SOURCE Gartland & Mellina Group

Related Links

http://gartlandandmellina.com