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SEC considers tough rules for money funds

...values to float would make some money funds more like bonds, whose principal...necessary change because it would show money funds, while safer than stocks and many...money-market funds and a requirement that money funds hold capital reserves of 1 percent...

http://chronicle.augusta.com/news/business/2013-06-05/sec-considers-tough-rules-
Disparity exists in Augusta's property tax system

...fire protection and street lights, at least $4 million each year is being spent in other places.Urban Services money funds Housing and Neigh borhood Development, the Downtown Development Authority and public transit ? all services associated...

http://chronicle.augusta.com/news/government/2012-09-15/disparity-exists-augusta
Reduce the demand

...should pro-choicers begrudge the rest of us from declining, in the firmest possible terms, from having pro-lifers' money fund something we fundamentally believe is taking an innocent life.In Augusta, we have a rare situation in which a Planned...

http://chronicle.augusta.com/opinion/editorials/2013-01-23/reduce-demand
Regulators urge SEC to toughen rules on money-market funds

...changes, saying they would make money funds so unattractive that investors...temporarily guarantee assets of all money funds so investors could be assured they...possible options are:-Requiring money funds to hold capital reserves amounting...

http://chronicle.augusta.com/news/business/2012-11-13/regulators-urge-sec-toughe
Obama picks SEC official Elisse Walter to lead agency

...limits on how fast investors can withdraw money.Money-market funds hold $2.7 trillion in assets. Any run on money funds could pose a risk to millions of investors and companies.And the banking industry has lobbied successfully to delay...

http://chronicle.augusta.com/news/business/2012-11-26/obama-picks-sec-official-e
Cash exits stock funds for 9th month in row, bonds gain again

...reduced because returns have been barely above zero - they're now averaging 0.02 percent - for about three years. Money fund returns are closely tied to interest rates, which are ultra-low because the economic recovery remains fragile.

http://chronicle.augusta.com/news/business/2012-12-13/cash-exits-stock-funds-9th
Zais: Teacher training among suggested cuts

...courses otherwise unavailable. The 10 new teachers would cost less than $688,000.The bulk of his request for more money funds items outside his control.It includes $14 million to cover rising fuel and bus maintenance costs, $12 million to...

http://chronicle.augusta.com/news/education/2011-01-19/zais-teacher-training-amo
Education | Metro
Financial meltdown rewriting the rules

...was just the second instance of a money fund "breaking the buck," or falling...government rushed in with guarantees for money funds similar to banks' FDIC insurance...further restrict the investments money funds can make and lower their risk...

http://chronicle.augusta.com/stories/2009/09/27/bus_549600.shtml
Business
DOT starts year in black, but still under black cloud

...the deficits. It specifically said former Treasurer Earl Mahfuz was wrong to use federal "advance construction" moneys, funds the federal government makes available for its share of projects after the state has already put out the money up front...

http://chronicle.augusta.com/stories/2009/08/20/met_545136.shtml
Metro
Money fund assets fell to $3.606T in latest week

...percent the previous week, said Money Fund Report, a service of iMoneyNet Inc...from 0.10 percent, according to Money Fund Report. The seven-day compounded...09 percent from 0.10 percent, Money Fund Report said. The average maturity...

http://chronicle.augusta.com/stories/2009/08/09/fin_543646.shtml
Finance