U.S. Takes Third Shot at Shoring Up Money-Market Funds
The SEC voted to adopt tougher rules as money funds’ holdings balloon this year.
The SEC voted to adopt tougher rules as money funds’ holdings balloon this year.
A group of top federal regulators proposed changing the way it designates nonbanks as systemically important.
Banks are under pressure from depositors’ embrace of money-market funds, pushing a popular Federal Reserve-sponsored financing program into the spotlight.Money-market ...