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SEC forces Vanguard -- and host of other fund firms -- to impose hefty back-end fees on muni money market fund investors who sell into financial panics, in an effort to bullet-proof 'critical investment'

Vanguard's threatened penalty fee is 200 basis points, an anomaly and symptom of previous failed efforts by the SEC to stem MMF runs after the 2008 financial meldown and 2020 COVID lockdown; will the third time be the charm if Middle East war goes regional?

Author Oisin Breen October 25, 2023 at 2:47 AM
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Jeff DeMaso: I wouldn't say that Vanguard cocked the gun.
Brooke Southall and Keith Girard contributed to the editing of this article.

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April 29, 2025 at 2:51 AM

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April 18, 2025 at 2:26 AM

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January 2, 2025 at 10:49 PM

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