With Mary Jo White at the helm, the SEC will try again at reforming money market funds. The new chairman is keeping her cards close to her chest but the industry is hopeful she'll play a good hand.
The SEC under Mary Jo White floats one small step in money market fund reform with a proposal that would make only institutional prime funds float NAVs. It's a good deal for the likes of Vanguard, Schwab.
Goldman and BlackRock to begin publishing daily net asset value of funds; 'a whole lot of nines and zeros'
Not for Bill Gross, whose bets on Treasuries backfired in May. The damage: Pimco's Total Return Fund lost nearly 2%, putting it behind almost all its rival funds.
McNabb tells oversight committee additional money market reform is purview of SEC; 'appropriate agency'
Six big mutual fund companies last week agreed to disclose the daily NAV of their money funds, an unusual show of unity among rivals aimed at heading off the threat of stricter regulation.
In front of mutual fund group, chief regulator says little about revamp.
Advisers are shrugging off proxy season in favor of watching cost and performance data. This may not be the smartest course.
The regulator may seek greater risk, valuation disclosures from banks.
Quicker to jump on the ETF bandwagon than older counterparts.
Following stellar 2012 performance, Fairholme fund boss places big bet on struggling retailer's debt
Movement strengthens argument for another leg up for stocks.
Fund firm lists bond king as manager on new funds; can't hurt