Money Market Mutual Funds
Witnesses testified about money market funds and proposed regulation of the financial industry. Mary Schapiro said money market funds posed … read more
Witnesses testified about money market funds and proposed regulation of the financial industry. Mary Schapiro said money market funds posed a systemic risk to the financial system and therefore warranted consideration for additional regulations. Paul Stevens said new reforms would reduce competition and impose high costs on the economy, state and local governments, as well as investors. close
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