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
Investors poured a massive $7.5 billion into equity funds this week. Bond funds had a big week too, increasing assets under management by $4.5 billion. Commodity funds suffered $2.1 billion of outflows, while money-market funds took... Read Post