The presidents of all 12 Fed regional banks pen a letter backing a regulatory push for...

|By:, SA News Editor

The presidents of all 12 Fed regional banks pen a letter backing a regulatory push for money-market reform. "Money market funds have no capacity to absorb losses in the event of a decrease in the value of (held) assets." MINT, BIL, SHV, and GSY see a few more dollar inflows.