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Money Market Funds Primed To Recover Waived Fees

Monday, November 28, 2011 - 3:14 PM
From Reuters
Several companies in the money market fund industry, which has waived several billion dollars of fees over the past two years, are primed to recapture lost revenue from investors at a future date.

This could keep money market fund yields very low even after the Fed finally starts to raise interest rates.

Note, money market funds are different than money market accounts.
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Ken TuminKen Tumin5,441 posts since
Nov 29, 2009
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