Friday, October 12, 2012

WSJ: Money Funds Take Hit

October 12, 2012 by N. Tadena

[Excerpt] "Assets in money-market funds fell by $1.38 billion in the week ended Wednesday as withdrawals from retail funds more than offset gains to institutional funds" p. C3

Previous Posts
Aug 24, 2012
[paraphrasing] SEC Chairman Schapiro gave legislators a report on the risks of money market funds without approval of other commissioners so the commissioners decided they would not back her vote designed to protect ...
Aug 25, 2012
Statement of SEC Chairman Mary L. Schapiro on Money Market Fund Reform. FOR IMMEDIATE RELEASE 2012-166. Washington, D.C., Aug. 22, 2012 — Securities and Exchange Commission Chairman Mary Schapiro today ...
Aug 26, 2012
SEC Chairman Schapiro is publicly warning that the $2.6 trillion in money market funds is unsecured and at risk. The Eurozone continues to shudder. In November 2008 the Strategic Studies Institute issued a report titled ...
Sep 07, 2012
Majia here: I've been following SEC Chairwoman Mary Schapiro's concerns about the absence of a safety net for US money markets Today in the ...

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.