As the year winds down, consumers should tune into the debate over the fiduciary standard. The SEC may decide to move forward with the rule — or drop it.
After the rules go into effect in 2016, it will be possible for investors to lose money in money market funds -– mainly institutional investors.
Municipal bonds are debt securities issued by state and local governments to finance capital investment and other obligations.
The newest money market fund rules from the SEC could impose fees on investors and limit redemptions during times of stress.
The SEC has filed an action against a fake bank that allegedly defrauded investors out of millions.
A seemingly tough new boss has been announced as the head of the SEC.