Archive for the ‘money market funds’ Category

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SEC Proposes Money Market Fund Reforms- Welcome move..

FOR IMMEDIATE RELEASE -Money Market Funds 2013-101 Washington, D.C., June 5, 2013 — The Securities and Exchange Commission today voted unanimously to propose rules that would reform the way that money market funds operate in order to make them less susceptible to runs that could harm investors. The SEC’s proposal includes two principal alternative reforms […]