Search League Tables

Sunday, 31 August 2014

SEC flub on money market funds creates new muddle

Money market mess

Other U.S. watchdogs could force changes on the $2.4 trln industry. But after SEC bigwigs couldn’t even agree to invite comment on reforms, any Plan B will be messy. The episode shows regulators’ priorities, the power of lobbying and the whole oversight structure in a bad light.



This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

Sign In

(Launches in a new window)