Political Quotes

Richard Shelby: “Some have argued that a product that seeks to maintain a stable net asset value while investing in instruments that can…”

On the recordJune 20, 2012
Some have argued that a product that seeks to maintain a stable net asset value while investing in instruments that can decline in value is essentially maintaining a fiction.
Said by
Richard Shelby
Republican · Alabama

Editor's note · Context

Senator Shelby questions the stability of money market funds' net asset value.

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