Excerpt
Excerpt
The Minimum Balance at Risk: A Proposal to Mitigate the Systemic Risks Posed by Money Market Funds. Samuel Hanson, 2013, Opinion. "Many academics, policymakers, and market participants have recently been pushing for a significant overhaul of money market fund (MMF) regulations. Others oppose any significant changes in these regulations. Why has this historically sleepy corner of the mutual fund sector become a frontline battle in the postcrisis debate about financial regulation? And what can this debate tell us about the theory and practice of financial regulation and its future prospects for success?..."