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Money markets are undergoing huge changes. Here’s why it matters
CNBC.comAugust 29, 2016
A large portion of the financial markets, and one that played a pivotal role during the financial crisis, is about to undergo substantial changes.
At the core of the rules is an effort to stabilize the $2.7 trillion industry, which provides a generally safe climate where both retail and institutional investors can park funds and earn modest returns with the bonus that they will never lose money.
For a brief moment in time, that compact was broken. Read More.