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The New Rules for Money Market Funds

Morningstar Articles

Thu, 24 Jul 2014

Suddenly, Six Years Later ... The SEC this week ratified new rules for money market funds (869 pages!). Since September 2008, when Reserve Primary Fund sparked a panic by "breaking the buck" when its Lehman notes plunged in value, the SEC has sought changes that would prevent such a calamity from o

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