Financial Planning News
Tue, 9 Apr 2013
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With the SEC dismissing a plan to reform the money fund industry, Morningstar's Eric Jacobson examines potential risks as well as focus points for investors going forward.
Financial planning expert Michael Kitces reviews the new rule, what to expect as the industry transitions to it, and what it really means for consumers in the financial services industry.
Morningstar's Christine Benz and Miriam Sjoblom debrief investors on the floating NAV, capital buffer, and redemption restriction proposals for money market funds.
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