AFP: Prime Money Funds Hurt by SEC’s Money-Market Fund Reform
Firms’ short-term cash holdings have moved away from money-market prime funds towards government funds.
Tag: SEC
Ex-Sterne Agee Executive Pleads Guilty to Pension Fund Bribes
“Pay-to-play” scheme lavished NYSCRF pension fund director with entertainment, travel, and meals.
Hedge Fund Bond Price Investigation Focuses on Thinly-Traded Bonds
Since bonds are rarely traded, pricing is difficult to verify, making it “ripe for abuse.”
Barclays Settles SEC Charges for $97 Million
Investment bank to create fair fund to pay back clients.