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Key SEC Holdout In Money-Fund Overhaul Reverses Stance

Saturday, December 8, 2012 - 9:21 AM
From the Wall Street Journal
The $2.6 trillion U.S. money-market fund industry is headed toward a drastically new look next year, as a regulator who blocked an overhaul effort this past summer has dropped his opposition.

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The SEC first issued new rules on money market funds back in 2010. This Bankrate article has a good overview of these new rules.
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Ken TuminKen Tumin5,442 posts since
Nov 29, 2009
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