SEC moves to tighten regulations on money market funds

Sarah N. Lynch Reuters 6/5/2013

A portion of the $2.6 trillion money market fund industry would be required to fundamentally change how it prices its shares under proposals issued by U.S. regulators on Wednesday to reduce the risk of abrupt withdrawals.

But the Securities and Exchange Commission plan was not as strict as some market […]

Texas bank launches constitutional challenge to Dodd-Frank financial reform law

AEIdeas American Enterprise Institute 6/21/2012

If the U.S. Supreme Court throws out President Obama’s healthcare law this month, the only other remaining major achievement from the president’s first term would be, arguably, the Dodd-Frank financial reform law.

But that may be in jeopardy, too.

A Texas community bank is today filing a challenge to Dodd-Frank, […]