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Future of Money May Involve Cash After All; LIBOR Reform

Receiving Wide Coverage ...

Money Market Funds: Luis Aguilar, a Democratic member of the Securities and Exchange Commission who usually sides with its chairman, Mary Schapiro, tells the Journal in an interview that he’s wary of her proposal to tighten regulation of money market funds. He doesn’t quite come out and say he’d vote against it, but if he did, it’s likely to fail: The five-member commission consists of Schapiro, Aguilar, one other Democrat and two…

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