The Federal Reserve Bank of New York released a report that advocates limiting some types of withdrawals from money-market funds in a bid to protect those funds from suffering the equivalent of a bank run.
U.S. securities regulators are considering shortening a money market fund's maturity limits to protect investors after last year's sudden losses in industry pioneer Reserve Primary Fund, Reuters reported. Read Post
The FT reports the Federal Reserve is considering charging fees to investors seeking to exit bond funds. "Officials are concerned that bond-fund investors, as with bank depositors, can withdraw their money on demand even though the ... Read Post