Under SEC rules no more than 1 percent of a money market funds' total assets can be placed in the securities of a single corporate issuer.

Name: Under SEC rules no more than 1 percent of a money market funds' total assets can be placed in the securities of a single corporate issuer.
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The SEC's Rule 2a-7 limits money market funds to investing no more than 1% of their total assets in the securities of a single corporate issuer to maintain diversification and reduce risk.

Under SEC Rules No More Than 1 Percent of a Money