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Reich & Tang to Exit U.S. Money Fund Business

TedTed
in The Bullpen
FYI: Reich & Tang said on Thursday it will exit the U.S. money market fund business, as the $2.7 trillion industry has been grappling with tighter regulations stemming from the global financial crisis.
Regards,
Ted
http://wealthmanagement.com/print/mutual-funds/reich-tang-exit-us-money-fund-business
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