The Derivative Project
Kudos Charles Schwab: Leadership on Money Market Reform

Kudos Charles Schwab: Leadership on Money Market Reform

Systemic Risk, High Fees and Voluntary Recapture in Money Market Funds Unbeknownst to most retirement investors, a quiet war has been waged between the broker-dealer industry and the Department of Treasury Financial Stability Oversight Council (FSOC) over money market mutual funds. The issue is the systemic risk money market mutual…