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.
Morningstar's Christine Benz and Miriam Sjoblom debrief investors on the floating NAV, capital buffer, and redemption restriction proposals for money market funds.
Morningstar's Ryan Leggio reports on the Supreme Court justices' questions during oral arguments in the Jones v Harris case and how they may be leaning.
The SEC announced Tuesday that it has named Carl W. Hoecker as its Inspector General. Hoecker currently serves as inspector general for the U.S. Capitol Police and will replace David Kotz, who left the SEC last year.
A Securities and Exchange Commission member said Wednesday that many improvements to the municipal securities market can be made by the SEC without seeking regulatory authority over municipal issuers from Congress.
Mary Jo White, a prosecutor and former U.S. attorney in Manhattan, will be nominated by President Barack Obama to be the next chairman of the Securities and Exchange Commission, according to a White House statement.
Mary Jo White, the former U.S. Attorney in Manhattan, is under consideration to become the next chairman of the Securities and Exchange Commission, three people with knowledge of the matter said.