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CSPAN3 May 31, 2012 - Vimarsana News

CSPAN3 May 31, 2012

the front and center basis on which we engage in that. >> aren't many of the proposals attempts to regulate the internet as if it's the old-fashioned telephone service? is it certainly feels like that to some of us. >> yes, and then some. perhaps with the regulation of contents and applications, as well, which would go well beyond the old phone service regulation of yore. >> i guess i would add it's important to understand these contributions that come in are things that have the kinds of implications in many instances that commissioner mcdowell mentioned in his testimony. but a lot ...

CSPAN3 March 12, 2012 - Vimarsana News

CSPAN3 March 12, 2012

fluid and risky. i said that we needed to do more. money market funds remain vulnerable to runs and a sudden deterioration of quality of holdings. we need to move forward with concrete ideas to address the structural risks. we have spent a lot of times reviewing outreach. and there's two serious options that we are looking at. first, float the net asset value. and second, put in place, capital requirements combined with limitations and fees on redemptions. it's hard to miss the cry in the industry against the approaches. but the fact is, investors have been given a false sense of sec...