Financial Services Financial Services

US money-market fund reform ideas should be reconsidered, state and local officials say

By Neil Roland
  • 20 Apr 2021 16:14
  • 20 Apr 2021 16:23
State and local officials are asking federal regulators to go back to the drawing board on money-market mutual fund changes they floated in the wake of pandemic-related market turbulence last year.
In a letter to the US Securities and Exchange Commission, state and local groups said: “While we recognize the

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Neil Roland

Senior Correspondent

Neil has covered U.S. financial regulation for over two decades, mostly for Bloomberg and Crain Communications. He received a Loeb award for coverage of regulators' response to the collapse of Enron. He also garnered a SABEW award and some Jesse H. Neal awards for stories on the Federal Reserve's response to the 2008 financial crisis. Roland has appeared as a commentator on Fox TV, NPR, C-Span and Bloomberg TV. He received a Master's degree in public policy from Harvard and a Bachelors degree in economics from Cornell.

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