| <img border="0" src="http://shivnath.c.googlepages.com/Google.JPG"/>SEC proposes reforms for money market funds - Lexology (registration) Posted: 17 Jun 2013 08:20 AM PDT |
SEC proposes reforms for money market fundsLexology (registration)All MMFs would instead be required to calculate daily net asset value ("NAV") per share using market prices of portfolio holdings, together with an NAV rounding component. ... would require that prime/non-government "institutional" MMFs operate with a ...and more » |
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| <img border="0" src="http://shivnath.c.googlepages.com/Google.JPG"/>When money multipliers become divisors - FT Alphaville Posted: 11 Jun 2013 10:43 AM PDT |
When money multipliers become divisorsFT AlphavilleQE (directly & indirectly) takes Treasuries completely out of circulation (inevitably inducing dis-intermediation among the non-banks, ie, where the size of the NBs shrink, but the size of the CB system remains unaffected). Substitution isn't bilateral ...and more » |
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