BU Now » money-market funds http://blogs.bu.edu/bunow News, information and research from Boston University Wed, 21 Sep 2011 18:14:24 +0000 en hourly 1 http://wordpress.org/?v=3.1.4 SEC crimps money-market funds http://blogs.bu.edu/bunow/2010/01/28/sec-crimps-money-market-funds/ http://blogs.bu.edu/bunow/2010/01/28/sec-crimps-money-market-funds/#comments Thu, 28 Jan 2010 20:21:35 +0000 Dick Taffe http://blogs.bu.edu/bunow/?p=4225 SEC logoSeeking 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 has come for their demise.”

Contact Tamar Frankel, 617-353-3773, tfrankel@bu.edu

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