The 'government has bailed out the multi-trillion-dollar industry twice in the last 12 years'. 'There are well-known solutions to this run risk and financial instability'
For SEC commissioners, Dec. 15th produced their greatest productivity of the year, as a mostly divided Commission approved several new proposals, including revisions to money ...
"In March 2020, growing concerns about the COVID-19 pandemic led many investors to move their assets from certain money market funds into cash and short-term ...
"The proposal, if finalized in its current form, likely would continue the trend of driving more money into government funds. Doing so may serve the ...
Cowen determined that a government money market fund, as opposed to another type of money market fund, was an appropriate cash sweep vehicle for its ...