To Securities and Exchange Commission chairman Mary L. Schapiro's mind, the current state of the money market fund business is "living on borrowed time." Processing Content Meaning: Change is coming ...

So it is coming down to this: a capital buffer or -- hold on to your portfolio P&L -- a floating net asset value. Processing Content Those are the two options that chairman Mary Schapiro said Monday ...

Part of the lure of a money market fund has always been the stable $1 share price. Put in a buck and you get it back, usually while earning some interest in between. There’s no insurance backing it, ...