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Monday, June 03, 2013

Counting Down to Money Fund Reform

News summary by MFWire's editors

This week could be a big one for the regulations you face, fundsters.

As the Wall Street Journal reminded you over the weekend, regulators are looking to enact rules this week governing the money-fund industry, though this vote would just be the first step towards actually implementing reforms.

Reporters Scott Patterson and Andrew Ackerman first look at other rule changes being considered, getting to the money-fund part of the story towards the end. Ackerman first covered this possible new rule last week.

Check out the lengthy story here

Edited by: Ben Geier


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