Faculty News

An op-ed by Profs Thomas Cooley and Kim Schoenholtz on regulating money market funds

Excerpt from Reuters blog -- "From the point of view of taxpayers, policy action to address the systemic threat is long overdue. Aside from the government-sponsored enterprises, the most glaring omission in the Dodd-Frank financial reform was the failure to address critical short-term markets such as those for money funds and repurchase agreements."

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