SEC's White is tight-lipped on money-fund reform

05/5/2013 | Bloomberg · CNBC · Reuters · Securities Technology Monitor

Securities and Exchange Commission Chairwoman Mary Jo White is offering few details on potential changes to money market mutual funds. "Our goal is to preserve the economic benefits of the product while addressing potential redemption pressures and the susceptibility of these funds to runs -- runs in which retail investors are especially likely to suffer losses," White said.

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Bloomberg · CNBC · Reuters · Securities Technology Monitor

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