Money Market Reform goes into effect next week — are you ready?
On October 14, new rules go into effect, effectively rendering most money market funds no longer a true cash equivalent. Coupled with the DOL fiduciary rule, advisors are focused on how they can best meet the fiduciary standard for their clients' cash.
In my latest blog post, I offer a few ideas for how individual investors and their financial advisors can better manage the cash portion of their portfolios, deriving higher yields with full liquidity and broader FDIC insurance coverage: http://hvst.co/2dVI89F
In my latest blog post, I offer a few ideas for how individual investors and their financial advisors can better manage the cash portion of their portfolios, deriving higher yields with full liquidity and broader FDIC insurance coverage: http://hvst.co/2dVI89F
More from Gary Zimmerman
Gary Zimmerman, Six Trees Capital LLC
An arbitrage opportunity just opened up in the sleepy market for retail bank deposits. It is now possible to earn more on liquid, fully insured bank deposits via MaxMyInterest than you can earn on a 5 year Treasury. The catch: this arb is available ...
Jun 28, 2016
