As funds face the coming of the floating NAV, investments in debt that matures within 60 days look more attractive.

Meeting with Treasury Department left fund managers wondering whether sanctions are coming or whether the government is trying to trigger asset sales.

Lawyer for the Winklevoss twins, who want to found the world's first ETF for investing in the bitcoin virtual currency, is in dialogue with SEC regulators.

Lawyer for the Winklevoss twins, who want to found the world's first ETF for investing in the bitcoin virtual currency, is in dialogue with SEC regulators.

Rating agency says funds have cut their holdings of the Treasuries that would be most immediately affected.

A recent history of proposals including introduction of a floating NAV for prime funds and a requirement that money funds set aside a capital buffer against losses.

A recent history of proposals including introduction of a floating NAV for prime funds and a requirement that money funds set aside a capital buffer against losses.

Discussions suggest SEC is preparing detailed proposal on floating price for money funds.