mary schapiro

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  • Slamming The Money Market “Gates” – Capital Controls Coming To $2.6 Trillion Industry


    Authority Authority:
    The first time we wrote about the Volcker-led Group of 30 recommendation to crush Money Markets in January 2010 by effectively imposing capital controls and fund "gates", whose purpose was simply to scare investors out of the $2.6 trillion liquidity pool and force said capital to reallocate into a much more " ...
    1 week ago
  • Slamming The Money Market “Gates” – Capital Controls Coming To $2.6 Trillion Industry


    Authority Authority:
    The first time we wrote about the Volcker-led Group of 30 recommendation to crush Money Markets in January 2010 by effectively imposing capital controls and fund “gates”, whose purpose was simply to scare investors out of the $2.6 trillion liquidity pool and force said capital to reallocate into a much more ...
    1 week ago
  • SEC proposes changes to money market fund rules


    Authority Authority:
    The portion of the money market fund industry that suffered extreme disruptions during the financial crisis would be revamped under a plan proposed Wednesday by federal regulators, who have been struggling to address the industry’s vulnerabilities for years. Read full article >>        
    2 weeks ago
  • The SEC May Roll Out Money Market Funds Proposal Today


    Authority Authority:
    The Securities and Exchange Commission (SEC) is set to take a major step to rein in money-market-mutual funds on Wednesday. The SEC’s proposal would require only the riskiest funds to abandon their fixed $1 share price and permit shares to float value like other mutual funds. SEC Proposal Meant To Eliminate ...
    2 weeks ago

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