# Money market fund

A regulated investment fund holding short-term, high-quality instruments under United States Securities and Exchange Commission rule 2a-7. Government money market funds appear in stablecoin reserves and among the GENIUS Act's permitted assets. Because such funds file public reports, some reserve lines can be cross-checked against the fund's own regulatory filings.

## Sources

- [17 CFR 270.2a-7 (eCFR)](https://www.ecfr.gov/current/title-17/chapter-II/part-270/section-270.2a-7)
- [GENIUS Act (S. 1582, 119th Congress) — congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/1582)

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Source: https://reservebeat.com/learn/money-market-fund