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 |
|
Thursday, February 14, 2013 Fido Bluntly Responds to Talk of More Money Fund Regs Fidelity [profile] has a simple instruction for federal regulators with regards to money-market fund reform: Stop. The Boston Behemoth sent a note to the Financial Stability Oversight Committee (FSOC), reported the Boston Globe. It said to "Take no further action" on the subject, according to reporter Beth Healy. The letter noted that the proposed regulations could actually have a negative effect on the stability of money funds. For more details, check out the original article here. Printed from: MFWire.com/story.asp?s=43007 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |