Regardless of which SEC money-fund reform gains approval, retail investors will still find safety in this asset class, says Morningstar's John Rekenthaler.
Although he notes the potential problems of investing in financial-services names, Oakmark's Clyde McGregor sees some mispricing in European banks.
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.
Credit Suisse has filed with the SEC to launch the Gold and Income Strategy Fund, which will be available in institutional shares
The Securities and Exchange Commission is poised to name a former executive of Wall Street's self-regulator as its top overseer of exchanges, brokerages and clearing firms, according to three people familiar with the matter.
Regulator will send a proposal to the SEC that could limit those with industry ties from serving on panels.
Taking a lead from the SEC, the regulator seeks to understand dangers that lurk online. (Don't miss: Which firms are most at risk for cyberattacks? )
©2014 Morningstar Advisor. All right reserved.