Money Funds Controversy: Lobbying Gone Too Far?
The mutual fund industry has been lobbying against money fund reform for years, nitpicking and stalling over any small change proposed. But now that the Obama administration itself has sounded the alarm on the need for reform, even the Wall Street Journal is calling the industry on it. Check out our general editor's take on the controversy, and why continual insistence on deregulation isn't doing the industry any favors.














