Money Market


  • WASHINGTON, July 23- U.S. regulators adopted moderate reforms for money market mutual funds on Wednesday, in what amounted to a compromise that aims to balance the need to reduce the risk of runs on the funds while still protecting the product's utility for investors.

  • SAFT ON WEALTH-New money fund rules keep illusions alive Wednesday, 23 Jul 2014 | 3:59 PM ET

    The Securities and Exchange Commission on Wednesday adopted new rules aimed at forestalling runs on money market funds, notably one which will force' prime' institutional funds to allow their value to float.

  • SEC adopts money market reforms in 3-2 vote Wednesday, 23 Jul 2014 | 12:02 PM ET

    The SEC adopted rules designed to curb the risk of investor runs on money market funds.

  • SEC poised to 'break the buck' for some money funds Wednesday, 23 Jul 2014 | 6:30 AM ET

    Regulators are expected to vote to end the fixed $1 share price for money-market mutual funds - at least for some money funds used by big investors.

  • SEC votes to end $1 a share for some money funds Wednesday, 23 Jul 2014 | 12:03 AM ET

    WASHINGTON— Regulators have voted by a narrow margin to end a longtime staple of the investment industry— the fixed $1 share price for money-market mutual funds— at least for some money funds used by big investors.

  • U.S. SEC poised to adopt reforms for money market funds Wednesday, 23 Jul 2014 | 12:01 AM ET

    The reform will impact a wide variety of asset managers, from Blackrock Inc, Fidelity and Vanguard to Charles Schwab Corp, Pimco and Federated Investors Inc.. The two-pronged reform for the $2.6 trillion industry comes after a long battle between the SEC, the industry and federal banking regulators.

  • WASHINGTON, July 22- The U.S. Chamber of Commerce made a last-ditch plea on Tuesday to federal securities regulators, urging them not to adopt rules that will change how some money market funds are valued and could cause companies to park their cash elsewhere.

  • Money market fund assets fell $10.22 billion Thursday, 17 Jul 2014 | 5:33 PM ET

    Total U.S. money market mutual fund assets fell $10.22 billion to $2.57 trillion for the week that ended Wednesday, according to the Investment Company Institute. Assets in the nation's retail money market mutual funds fell $1.42 billion to $893.46 billion, the Washington- based mutual fund trade group said Thursday.

  • WASHINGTON, July 16- The U.S. Securities and Exchange Commission announced late Wednesday it will meet July 23 to vote on final rules aimed at reducing investor risk in money market mutual funds. The SEC did not disclose details on how the rule will look. The SEC also said it will repropose a set of money fund rules that reference credit ratings.

  • NEW YORK, July 10- Investors added more than $19 billion in new cash to U.S.-based stock and money market funds in the latest week as the second-quarter earnings season kicked off, data from Thomson Reuters' Lipper service showed on Thursday.

  • LONDON, June 10- An all-time low for euro zone money market rates bolstered the region's bond rally and held down the euro on Tuesday, providing clear evidence that the European Central Bank's latest support measures are gaining traction.

  • LONDON/ FRANKFURT, April 24- The amount of spare cash in the euro zone banking system fell to its lowest levels in 2-1/ 2 years on Thursday, pushing up short-term money market rates and adding impetus for the ECB to loosen policy further.

  • SAFT ON WEALTH-Break the money market buck Wednesday, 2 Apr 2014 | 4:37 PM ET

    Any policy other than allowing all money market funds to fluctuate in value, as they surely do anyway, rather than adopting the protective coloring of an artificial $1.00 share price is a huge mistake and a disservice to investors and taxpayers alike.

  • The SEC is still actively eyeing a plan that would force prime institutional money market funds to abandon their stable $1 per-share net asset value and float their share price.

  • *ECB disappoints bears, euro seen rising to $1.40. LONDON, March 7- The euro raced to a 2-1/ 2 year high against the dollar on Friday as short term money market rates rose on signs that the European Central Bank's balance sheet was contracting at a time when other major central banks were still expanding theirs.

  • NEW YORK, Feb 20- Investors in U.S.-based funds poured $11.2 billion into stock funds in the week ended Wednesday while pulling cash out of safe money market funds, data from Thomson Reuters' Lipper service showed on Thursday.

  • HONG KONG, Feb 19- China shares rose to their highest level in nine weeks on Wednesday, supported by the financial and energy sectors, as a decline in money market rates eased liquidity concerns. The CSI300 of the leading Shanghai and Shenzhen A-share listings closed up 1.2 percent.

  • SHANGHAI, Feb 19- Mainland stocks crept higher on Wednesday, as a fall in money market rates eased concern over monetary tightening, while Hong Kong shares slipped on profit-taking.

  • RIO DE JANEIRO/ LONDON, Feb 18- Emerging market stocks dipped on Tuesday, led by a drop in Chinese shares, while a fresh outbreak of violence drove Ukraine's currency towards five-year lows and weighed on its bond prices.

  • HONG KONG, Feb 18- Shanghai shares fell from a two-month high on Tuesday, as China's central bank drained 48 billion yuan from the country's money market after data showed new loans surged in January to their highest in four years. The CSI300 of the leading Shanghai and Shenzhen A-share listings sank 1.3 percent.