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

1 Faculty News March 7, 2012 ![Reuters logo](/sites/default/files/styles/246w/public/assets/images/con_030503.jpg?itok=0OAgrDF0)>

Excerpt from [Reuters blog](http://blogs.reuters.com/great-debate/2012/03/07/the-battle-over-money-funds/) -- "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."

[Read more](http://blogs.reuters.com/great-debate/2012/03/07/the-battle-over-money-funds/)