• Robert Pozen


The SEC Gets Money-Fund Reform Half Right. Robert Pozen, June 17, 2013, Opinion. "The Securities and Exchange Commission recently proposed two new rules to help prevent sudden redemptions of money-market shares by investors from wreaking havoc on the financial system. The first proposal, requiring a "floating NAV" (net asset value), deserves support because it is limited to the most risky type of money-market funds: those held mainly by fast-moving institutions and invested largely in prime commercial paper..."  May require purchase or user account. Link verified March 28, 2014