Results for "money market funds"

Displaying 223 results

Sort: Date | Relevance

Author:

Panel approves money fund recommendations for public comment

November 13, 2012

A panel of federal financial regulators did on Tuesday what the Securities and Exchange Commission failed to do over the summer — release for public comment a proposal to reform money market mutual funds. The Financial Stability Oversight...

Bruce Bent, son cleared in SEC fraud case

November 12, 2012

The portfolio managers of the Reserve Primary money market fund, which famously “broke-the-buck” in 2008, were cleared of fraud in a federal civil trial on Monday. Bruce Bent and his son Bruce Bent II were charged by the Securities and Exchange...

Letters: Oct. 29

October 28, 2012

Contrary to what InvestmentNews suggests in the editorial “Time to brace for new money market rules” (Oct. 7), the radical changes to money market funds being promoted by SEC Chairman Mary Schapiro and Treasury Secretary Timothy Geithner...

Suddenly, money fund reform back in play

September 27, 2012

U.S. Securities and Exchange Commission member Daniel Gallagher, who helped derail efforts to tighten rules for money market mutual funds, said he would likely support a measure forcing the industry to abandon its marquee $1 share price. Requiring...

High-flying S&P 500 actually down last three years? Investors think so

September 18, 2012

Forty-three months into a bull market run and, it turns out, most investors still can't get over the severe beat down they experienced in 2008, when the S&P 500 Index fell by nearly 40%. According to Franklin Templeton, which is scheduled to...

No money fund victory lap for Federated's Donahue just yet

August 23, 2012

Christopher Donahue, chief executive of Federated Investors and one of the most outspoken critics of money market reform, isn’t breathing easy just yet. Mr. Donahue, along with the rest of the mutual fund industry, has been waging a nearly...

Is Mary Schapiro losing the war on money funds?

August 21, 2012

Christopher Donahue, chief executive officer of Federated Investors Inc. (FII), is sticking up for the family business when he defends money-market funds. Donahue, whose family-controlled firm has three-fourths of its assets in the cash-like...

Critics say floating NAV would sink money funds as retirement vehicles

August 21, 2012

Opponents of a pending money-market reform proposal from the Securities and Exchange Commission have opened up a new front in the war, asserting that it threatens retirement savings. In a letter to the SEC on Tuesday, a dozen organizations argued...

SEC stirs, money funds scramble

August 12, 2012

The glacial process of money market fund reform is finally starting to come to a head, but the largest asset managers have been hedging against their worst-case scenario for some time. The Securities and Exchange Commission this month is expected...

SEC: Fund firms got OK to bail out 155 money funds

August 10, 2012

Money-market fund companies obtained permission to support 155 of their funds during the financial turmoil of 2007 and 2008, and six more funds got the same go- ahead since the crisis, according to a list provided to Congress by the U.S. Securities...

Money fund firms hedging in case SEC breaks the buck

August 8, 2012

The Securities and Exchange Commission reportedly is set to vote this month on whether to propose further reforms to money market funds officially. But whichever way the vote goes, asset management firms have been busy hedging their bets. The...

Acid test? Lobbying dollars may neutralize Schapiro's money fund reform

August 1, 2012

Money-market fund companies have doubled lobbying efforts to convince regulators and lawmakers that they aren't a threat to the financial system. The money may have been well-spent. The 10 biggest money-fund managers and the Investment Company...

INsider: Is Vanguard thinking about life after money funds?

July 12, 2012

Management at The Vanguard Group Inc. appears to be taking the possibility of money market reform seriously. The largest mutual fund manager in the world is considering adding banking services, such as FDIC-insured accounts and certificates...

Fed bosses on money fund reform: If SEC doesn't act, we will

July 3, 2012

Federal Reserve officials spoke out twice in the past month to send a signal to money-market funds resisting tighter U.S. regulation. The message: New rules are coming, one way or another. The officials -- Governor Daniel Tarullo and Bank of...

Federated back in for more money funds

June 27, 2012

The regulatory storm clouds hanging over money-market funds doesn't seem to be cowing Federated Investors Inc. The Pittsburgh-based firm, which manages almost 10% of all money-market fund assets, announced on Wednesday it was acquiring an additional...

Advisers cool to changes pushed for money funds

June 24, 2012

Although financial advisers don't use money market funds often — preferring insured bank accounts for their clients' idle cash — they are wary of the potential changes to the investments being urged by SEC Chairman Mary Schapiro. In testimony...

Run on money funds could be 'financial contagion': Schapiro

June 21, 2012

Securities and Exchange Commission Chairman Mary Schapiro told lawmakers Thursday that hundreds of money market mutual funds sponsors have injected their own capital into the vehicles to sustain their value, moves that she said highlight the...

SEC staff ready to roll with money market proposal — but is Schapiro?

June 19, 2012

The Securities and Exchange Commission staff is prepared to present money market fund proposals as soon as Chairman Mary Schapiro indicates that she wants to proceed on the controversial issue, according to a top SEC official. "When the director...

Proposed regs could kill off money fund industry: Professor

June 18, 2012

Money market reforms under consideration by regulators would increase borrowing costs for businesses and governments and ultimately add tens of billions of dollars in annual expenses for consumers and taxpayers, according to an academic's analysis...

MSSB: How Greece can roil Europe and the U.S.

June 15, 2012

There are at least three channels through which Greece's troubles could spread throughout the Euro Zone. First, there is the European banking system, which has exposure to Greek sovereign and corporate debt. Significant losses on the debt could...

« Previous PageNext Page »

1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 ... 12

X

Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting investmentnews.com? It'll help us continue to serve you.

Yes, show me how to whitelist investmentnews.com

Ad blocker detected. Please whitelist us or give premium a try.