The widely anticipated money market fund reforms are just around the corner, scheduled to be implemented by October 14, 2016. These new rules will change the way investors and fund families view money market funds as alternatives to cash and short-term investing. Of the $15.8 trillion dollars making up the U.S. fund business at the end of 2015, taxable money market funds accounted for almost $2.3 trillion of those assets under management, outpacing the sum of mixed-asset funds (+$2.0 trillion) and large-cap funds (+$1.9 trillion); tax-exempt money market funds accounted for $253.0 billion.