MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, October 22, 2009 Will New Money Fund Regs Arrive By 2010? At least some of the long-awaited money market fund regulations may lie just around the corner. The Wall Street Journal's Daisy Maxey reports that Sarah ten Siethoff, senior counsel in the SEC's division of investment management, this week told attendees at the 15th annual Money Fund Forum in New York that the SEC aims to adopt "many" of its money fund proposals before the beginning of 2010. The SEC first proposed new money fund regs in June, as the industry reeled from the collapse of the Reserve Primary fund in September 2008. Maxey also highlights new research from Vanguard, previously reported on in our sister publication (see The 401kWire, 10/20/2009), suggesting that investors still see equities as a key piece of saving for retirement. Printed from: MFWire.com/story.asp?s=23009 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |