Regulators Take Another Crack at Shoring Up Money-Market Funds to Prevent Bailouts

📆 12/07/2023 19:00:00

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U.S. regulators are taking their third shot in 15 years at rewriting rules for money-market funds to prevent them from needing bailouts in times of financial turmoil, as investors pour money into the funds this year

📆 12/07/2023 19:00:00
📰 WSJ

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The Securities and Exchange Commission, chaired by Gary Gensler, failed in two previous rule overhauls to prevent investors from fleeing certain funds when markets were under stress.

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