1330. Money market funds were a financial innovation partly inspired to circumvent __________.

Regulation Q, which is no longer in existence
Regulation M
Regulation D
Regulation B, which is still in existence
✅ The correct answer is A.
Money market funds were a financial innovation partly inspired to circumvent Regulation Q, which is no longer in existence. A money market fund is a kind of mutual fund that invests only in highly liquid instruments such as cash, cash equivalent securities, and high credit rating debt-based securities with a short-term, maturity less than 13 months. As a result, these funds offer high liquidity with a very low level of risk.

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