Money Market Debate Drags On; Blankfein Speech as a Game of Telephone

Receiving Wide Coverage ... Money Market Funds Redux: Take 2 on money market funds is coming from the Financial Stability Oversight Council. The SEC couldn't get its act together on regulating money market funds — which have a longstanding tradition of telling investors they have a fixed value even though they kinda don't — so FSOC's stepping in. The council has told the SEC to pick the issue up again, though it's not being didactic. The…

To continue reading Morning Scan, please log in or subscribe.
Already a subscriber? Log in here
Please note you must now log in with your email address and password.