BlackRock offers regulators compromise on money fund rules, Reuters says BlackRock (BLK) has offered U.S. regulators a proposal to reach a deal over tightened regulations on money market funds, according to a Reuters report. The report says that BlackRock proposed money funds maintain their net asset value in times of turmoil by imposing a 1% fee on customer withdrawals, and that these fees would go back into the funds. Reference Link
News For BLK From The Last 14 Days
Check below for free stories on BLK the last two weeks.
U.S. Treasury Dept and U.S. Transportation Dept to co-host a summit Infrastructure Investment Summit to be held in Washington, D.C. on September 9 with webcasted presentations to begin at 8:30 am. Webcast Link