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U.S. Chamber Urges Financial Stability Oversight Council and SEC to Evaluate Existing Money Fund Reforms Before Taking Action
U.S. Chamber of Commerce and 15 Other Employer Organizations 
[Opinion] Sept. 30, 2012 "Businesses use money market funds to raise capital and manage cash flows. The FSOC needs to consider that it may destroy tools used by companies to grow and create jobs. Millions of investors -- from retail investors to universities to cities and states - will also likely oppose the proposal pushed by the Treasury Secretary if he merely re-packages the same harmful plans put forward by Chairman Schapiro." MORE >> |
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