Washington - Securities Law
FSOC Extends MMF Rule Comment Period; SIFMA Suggests Redemption Gate
Wednesday, January 16, 2013
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The Financial Stability Oversight Council has extended the deadline for submitting comments on proposed regulations of money market mutual funds to Feb. 15 from Jan. 18.

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Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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