SEC Chairman Mary Schapiro seems determined to “fix” money market funds by destroying them.
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Tag Archives: The SEC
A Utopian ‘Conflict Minerals’ Mandate Offers No Practical Solution
Neither business nor the SEC knows how to comply with a mandate on the origin of industrial metals. Congress does not see this as a problem.
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Protecting Us From Opportunity
Securities laws are supposed to protect us from harm, but the rules that govern privately placed investments can end up …
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SEC Lets Shareholders Act Like Owners — To A Point
A new rule that gives public company shareholders the power to nominate their own directors is not going to turn …
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The Dog That Did Not Bark
Something pretty significant did not happen yesterday, and because it did not happen, not many people paid attention to it. …
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It’s Not Cheating To Be Lucky Or Smart
Every time somebody sells a stock, somebody else buys that stock. Brokers put the two together. If the seller happens …
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Someone Should Tell Fed Staff About Capitalism
Yet another proposal to improve money market funds would just render them useless. Has the Fed staff heard of capitalism?
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