Money Market Funds Will Be First Major Foe Superregulator Faces; CFT...

10/01/12

Receiving Wide Coverage ...

Battle over Money Market Funds Intensifies: A recent push by regulators to reform money market funds has become about much more than revamping a risky industry. According to the Journal, the showdown is "turning into a major test of a key change to the U.S. financial architecture after the most severe financial crisis in half a century" since the establishing new rules regarding the funds has now fallen to the Financial Stability...

[more]