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The US Securities and Exchange Commission (Commission) adopted amendments to the rule governing money market funds on July 12, 2023 in an attempt to address concerns about institutional...
Brokers say a conflict between U.S. and European laws leaves them with the choice of halting research or risking sanctions.
“ESG month” may not be exactly what you think. It’s the moniker, according to Politico, ascribed to the plan of the House Financial Services Committee, reflected in this interim report...
SEC votes to adopt tougher rules as money funds’ holdings balloon this year
A unanimous SEC voted to consider raising capital reserve requirements brokers who have custody of substantial customer cash and securities.