Bruce Bent II Redefining Technological Financial Systems

A Money Market Fund is an open-minded joint fund that invests in short term securities on debts such as the United States Treasury Bills. Its main objective is to safeguard shareholders’ financial welfare by earning them more interest, and at the same time, maintaining a steady Net Asset Value (NAV) that stands at a dollar per share. The fund limits imminent exposure to the risks involved in the securities exchange that affects credit, liquid flow and markets.

Controlled by the Securities and Exchange Commission, the funds are subject to regulations as per the Rule 2a-7, which mandates the commission to dictate what investors can invest in after evaluation of the quality, maturity, and the wider scope of investments in which money market funds wish to earn revenue from.

A lot of people are easily inclined to invest in Money Market Fund practices because the market offers security to funds just like conventional bank deposits. However, mutual funds are not insured by the federal government. If the NAV falls below a dollar per share, then the investors are forced to break the buck. This is the last resolution when the investments in subject have suffered severe losses due to evasion and high fluctuations of interest rates.

About Mr. Bruce Bent II
He is the CEO, chair and President of Double Rock Corporation Inc., a leading firm in the financial technologies industry. It deals in digital cash management systems that provide financial solutions to banks, brokers, dealers and other industry retailers.

Mr. Bent II is a goal-oriented financial pioneer who not only has the right leadership qualities, but also has a vast experience in the financial market. This experience has made a him a key figure in startup incubations, business marketing, risk management and entrepreneurial positions.

Mr. Bent II holds a senior position in each of the privately owned Double Rock subsidiaries and their affiliates. Some of them include; Access Control Advantage Inc., Intrasweep Inc., LIDs Capital LLC, Island Intellectual Properties Inc., and Landing Rock Group of Companies.

Throughout his professional life, Mr. Bent II, a Northeastern University alumni and a Bachelor’s of Science degree holder in Philosophy, has served in several executive positions in various incorporations, notably the Reserve Management LLC, where he serves as the President.

For more information follow Bruce Bent II on Twitter.

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