MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, January 22, 2013 FSOC Puts the Brakes on Money Fund Reform The members of the Financial Stability Oversight Council may still act to further regulate money market funds, but for now they are taking it slow. According to a report from The Hill, the FSOC is delaying and action on money funds to give more time for public comment. A number of well known companies have already weighed in on the idea of the FSOC taking action, Vanguard [profile] and Charles Schwab [profile]. The FSOC began to consider tackling money funds after attempts at reform in the SEC failed last fall. For more details, check out the original article. Printed from: MFWire.com/story.asp?s=42758 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |