Study supported money-fund rule, SEC's Paredes says

08/1/2013 | Bloomberg

Securities and Exchange Commission member Troy Paredes pointed to a money-market mutual fund study to demonstrate how economic analysis helps regulators write better financial rules. "That proposal laid out in pretty crisp terms, 'this is what we are trying to achieve subject to the following constraint,' " Paredes said. "When you read that document, you understand the starting point and the subsequent analysis which adds to the transparency of government."

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