Is Your Money Market Fund Safe?

8 minutes

Money Market Mutual Funds, like the ones you and I have in our brokerage account, are clearly drawing an increasing level of supervision by the Federal Reserve Board.

The Fed was established a century ago to oversee the operations of traditional commercial banks. And for 97 years that was the Fed's only focus. But as a result of the Great Financial Crisis of 2008, Congress mandated that the Fed take on the responsibility of supervising non-bank institutions.

Such non-bank institutions, when operating in the money markets include: Insurance Companies, Pension Funds, Private Investment Funds, and of course, our Money Market funds.

More episodes from David Reavill

How you can listen to this podcast

You can listen to episodes right here on the website, or if you prefer, in a podcast app. Listening in an app makes it easier to keep track of what you’ve already heard, listen without using your data plan and many other conveniences.

Recommended apps
Start listening to What A New Lock-Down Would Mean For Workers.
6:05
Start listening to What A New Lock-Down Would Mean For Workers.
6:05