Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Money Market Fundsters Play the Waiting Game Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, April 08, 2013

Money Market Fundsters Play the Waiting Game

News summary by MFWire's editors

Money market funds continue to draw ink and pixels, this week with a lengthy story in the New York Times business section.

The gist of the story is that the industry is currently directionless, waiting to see just what regulators have in store.

“There is a huge overhang of uncertainty for the industry right now,” said James J. Angel, a finance professor at Georgetown who has researched the money-fund issue, to reporter Diana B. Henriques. “Eventually, the S.E.C. is going to do something. The question is, what will that be?”

The wait-and-see approach is especially true as the industry waits for Mary Jo White to take over at the SEC, the story notes.

The story also includes a lengthy history of the troubles facing money market funds, from the Reserve Fund to the idea of the floating NAV.

For more details, check out the original story here

Edited by: Ben Geier


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2019: Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use