Investment News writes "SEC, ICI: Rules on money funds contain flaws", which discusses a panel talk at ICI's Mutual Funds and Investment Management Conference last week in Palm Desert, Calif. It says, "The Securities and Exchange Commission and the Investment Company Institute agree that changes need to be made to the agency's rules governing money market funds, but they don't necessarily agree on what those changes should be." It sites the SEC's Bob Plaze and says, "One way to address the risk that money funds pose to the entire market is to separate investors in retail money funds from those in institutional money funds." It cites Peter Crane and says, "There is no way to separate retail and institutional investors practically." IN adds, "Despite such differences, he [Plaze] said that he could see the SEC adopting many of the working group's recommendations."

Email This Article




Use a comma or a semicolon to separate

captcha image

Daily Link Archive

2024 2023 2022
March December December
February November November
January October October
September September
August August
July July
June June
May May
April April
March March
February February
January January
2021 2020 2019
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2018 2017 2016
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2015 2014 2013
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2012 2011 2010
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2009 2008 2007
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2006
December
November
October
September