Fight to Reform Money Market Funds Continues
Regulators’ fight to reform money market funds continues.
Time to Consider Alternatives to Money-Market Funds
They’ve been go-to funds for decades, but in recent years just about everything in the investment world has changed and money funds are no exception.
SEC’s GOP Commissioners Offer ‘Way Forward’ on Money-Market Reform
The SEC's two Republican commissioners voiced their “dismay” on Tuesday with the statement issued last week by Chairwoman Mary Schapiro ending her money-market fund reform push.
SEC Considers ‘Buffer’ for Money Market Funds
Money market funds 'breaking the buck' rattle the market and frighten investors who think of the funds as a cash equivalent and safe haven from volatility. To minimize the impact, the SEC is considering establishing the equivalent of money market 'reserve requirements,' according to Bloomberg.
SEC Approves Money Market Reforms to Better Protect Investors
New weekly requirement stipulate that at least 30 percent of assets must be in cash, U.S. Treasury securities, etc., and no more than 5 percent can be in illiquid securities.
Reserve Primary Fund Starts $1 Billion Distribution
Fifth distribution leaves $3.5 billion in money fund that broke the buck
ETF Advisor: ETFs for Cash
With investor interest in exchange traded funds seemingly endless, fund sponsors are busy exploring every nook and cranny for new fund ideas. Over the past...
To The Editor March 2009
When Lehman Brothers filed for bankruptcy in September of 2008, the Reserve Primary Money Market fund announced that its price per share had dropped below...
Reserve Fund's Stance Typical of Funds
As part of its plan of liquidation and distribution of assets, The NYT reported that the troubled Reserve Primary Fund had told shareholders that they may get back 98.5 cents for each dollar they had in the money market fund
Reserve Fund Makes Partial Distribution
The Reserve said it is distributing $4.5 billion to shareholders of its U.S. Government Fund money market fund