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Fidelity money fund clients sour on SEC proposals
BOSTON (Reuters) - Adding to the outcry against new rules for money-market funds, Fidelity Investments has warned regulators that more than half of its money-fund clients would move some or all of their assets out of the investments if the net asset value of the funds were allowed to fluctuate. That warning from the largest U.S. money-market fund manager came as the U.S. Securities and Exchange ...
news.yahoo.com
Couples and Money Arguments
Confronting money issues for couples is pretty common relationship territory. If you and your partner are like most couples, chances are, you argue about money sometimes. Numerous studies have shown that money fights predict divorce rates. Based on a 2004 study by SmartMoney Magazine, here is what sparks the six most common types of arguments: ...
www.forbes.com
SEC weighs two money market fund proposals
(Reuters) - The chairman of the Securities and Exchange Commission is eyeing two potential plans to bolster the stability of money market funds, but their fate remains uncertain due to internal disagreement at the SEC over the need for more regulations. Last month, agency staff circulated early drafts for either a capital buffer or a floating fund valuation, both aimed at preventing runs on ...
news.yahoo.com
Money Market Accounts Could Disappear If New SEC Rules Go Forward: Industry
Money market accounts could soon be joining "free checking" in the dustbin of retail banking history. That's what various portfolio managers who make up a large chunk of the industry are saying could happen if certain regulatory provisions being discussed in Washington are enacted.
www.ibtimes.com
Money Market Rules May Boost Short-Duration ETFs
The Securities and Exchange Commission is set to announce a two-part plan to stabilize money market funds, The Wall Street Journal reported Tuesday. If approved, the proposals could hurt the performance ...
finance.yahoo.com
Fidelity fights SEC money-market fund proposals
The money-market fund manager warns that more than half of its money fund clients would move all or some of their assets out of the investments if the net asset value of the funds was allowed to fluctuate.
chicagotribune.feedsportal.com
Virgin Money Launches Two New Savings Products
NEWCASTLE UPON TYNE, England, February 6, 2012 /PRNewswire/ --Virgin Money has announced the addition of two new accounts to its growing range of savings products. The new Virgin Fixed Rate Bond and Virgin ...
finance.yahoo.com
The End of Money-Market Funds?
The Securities and Exchange Commission reportedly plans to unveil a two-part plan to stabilize money funds.
finance.yahoo.com
Will the Government Put Money Market Funds Out of Business?
Immediately after Lehman Brothers failed, a money market mutual fund called Reserve Primary "broke the buck"--it did not have enough money in its coffers to pay the shareholders what they'd had. ...
finance.yahoo.com
CashUnclaimed.com Found Unclaimed Money Success Story $100 Gift Card Drawing
CashUnclaimed.com Found Unclaimed Money Success Story $100 Gift Card Drawing CashUnclaimed.com Found Unclaimed Money Success Story $100 Gift Card Drawing CashUnclaimed.com has helped thousand of people find unclaimed money, they are now awarding $100 gift cards to successful users of CashUnclaimed.com. Michael Hickson, of Ohio not only was able to successfully find unclaimed money with ...
www.chron.com
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