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The October issue of Money Magazine (​article not available online yet) writes about "The Money Fund Scare", saying, "Let'​s set the record straight. Money funds, though not FDIC-​insured, invest only in high-​quality debt with less than a year to maturity.... [​S]​trict Securities and Exchange Commission rules limit a fund'​s holdings below the very top credit tier to just 5%, a percentage that most money funds rarely come close to, according to Peter Crane of Crane Data LLC".

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