Fourteen municipal market groups are urging the Securities and Exchange Commission to refrain from requiring money market funds' net-asset values to float, warning such a change would hurt state and local governments and money market funds.
Muni Market Groups Strongly Oppose Floating NAV
MAR 14, 2012 6:07pm ET
Land isn't the only thing drying up in California, as the drought's economic impacts are dangerously closing in on the state's financial resources.
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