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Overhaul of money funds spurs shake-up of dollar financing

Revamp by US regulators leads to US$1 trillion exodus from prime funds

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Regulators' effort to stamp out risk in the United States' US$2.6 trillion money-fund industry is creating unintended ripple effects across financial markets, with far-reaching consequences for companies and investors.

New York

REGULATORS' effort to stamp out risk in the United States' US$2.6 trillion money-fund industry is creating unintended ripple effects across financial markets, with far-reaching consequences for companies and investors.

Far less cash than anticipated has returned to the

sentifi.com

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