The SEC soon will unveil a plan to stabilize money market funds, WSJ reports, requiring fund...


The SEC soon will unveil a plan to stabilize money market funds, WSJ reports, requiring fund firms to set aside capital in reserve and placing restrictions on investors who wish to withdraw all their money at one time. Fund industry execs say the new rules could hurt returns and limit their ability to lend to corporations. FII -5.8%, SCHW -3.4%, LM -2.2%.
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Comments (4)
  • wyostocks
    , contributor
    Comments (9109) | Send Message
     
    Beware the unintended consequences.
    This sure as hell will not help the "litte guy" even though it will be advertised as such.
    7 Feb 2012, 10:09 AM Reply Like
  • youngman442002
    , contributor
    Comments (5123) | Send Message
     
    Restrictions on investors that want to withdraw their money....hmmmmm..sounds a little shaky
    7 Feb 2012, 10:14 AM Reply Like
  • Swass
    , contributor
    Comments (419) | Send Message
     
    Restrictions on withdrawing money? It's our money!
    7 Feb 2012, 10:18 AM Reply Like
  • youngman442002
    , contributor
    Comments (5123) | Send Message
     
    "Restrictions on withdrawing money? It's our money"
    Thats what the people that had money in MF Globlal thought too.....are you seeing a trend here....its their money first...Dangerous
    7 Feb 2012, 10:44 AM Reply Like
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