Tagged: money-market funds

SEC crimps money-market funds

Seeking to avoid another financial meltdown, the S.E.C. issued new rules requiring money-market funds to hold more liquid assets and pay out less interest.  Law Professor Tamar Frankel, a securities law authority, says the new regs are puzzling in that they’ll only diminish returns on such funds that investors know such are not FDIC insured. “Perhaps the time […]