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By John Sullivan, Advisorone |
July 28, 2011
Money market funds 'breaking the buck' rattle the market and frighten investors who think of the funds as a cash equivalent and safe haven from volatility. To minimize the impact, the SEC is considering establishing the equivalent of money market 'reserve requirements,' according to Bloomberg.
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By Ed McCarthy, CFP |
February 17, 2010
New weekly requirement stipulate that at least 30 percent of assets must be in cash, U.S. Treasury securities, etc., and no more than 5 percent can be in illiquid securities.
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By James J. Green, AdvisorOne |
October 5, 2009
Fifth distribution leaves $3.5 billion in money fund that broke the buck
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By Vaughan Scully, Standard & Poor's |
June 1, 2009
With investor interest in exchange traded funds seemingly endless, fund sponsors are busy exploring every nook and cranny for new fund ideas. Over the past...
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By Staff Writer |
March 1, 2009
When Lehman Brothers filed for bankruptcy in September of 2008, the Reserve Primary Money Market fund announced that its price per share had dropped below...
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By Melanie Waddell, AdvisorOne |
December 15, 2008
As part of its plan of liquidation and distribution of assets, The NYT reported that the troubled Reserve Primary Fund had told shareholders that they may get back 98.5 cents for each dollar they had in the money market fund
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By James J. Green, AdvisorOne |
November 14, 2008
The Reserve said it is distributing $4.5 billion to shareholders of its U.S. Government Fund money market fund
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By Staff Writer |
June 13, 2003
An excerpt from the June 13, 2003, edition of The
