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 |
|
Wednesday, June 5, 2013 Cash Fund Reform is "More Likely If Far From a Sure Bet" Today SEC chair Mary Jo White and the other four SEC commissioners will vote on new money market mutual fund reform. White may succeed where her predecessor Mary Schapiro failed. Last week the SEC revealed that the vote was set for today, with one report claiming that the proposal would easily pass. Now Dave Michaels of Bloomberg offers an in-depth look at the possible reforms and the history so far, as well as a discussion of the SEC's rejuvenated chances of getting something passed thanks to possible compromises. Willkie Farr & Gallagher's Barry Barbash, Columbia Law School professor Jeffrey Gordon, the U.S. Chamber of Commerce's Alice Joe and a spokeswoman for Federated [profile] all weighed in for the article. Bloomberg also mentioned BlackRock [profile], Charles Schwab [profile], Fidelity [profile], J.P. Morgan [profile] and Vanguard [profile]. Printed from: MFWire.com/story.asp?s=43983 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |