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This is called the "gating" proposal because it erects gates to protect funds.
That compromise would protect funds for health care while offering cheaper debt servicing for the state.
David Scharfstein, a professor of finance at Harvard, is one of many specialists who have called for money fund managers to put aside capital to protect funds from potential losses.
Financial planning is especially important for people with special needs because it's possible to protect funds — like money willed by a grandparent — for the individual using a special needs trust, Mr. Duckworth said.
To protect funds from runs like the one that started the September crisis, the industry will ask regulators to give money funds greater leeway to halt redemptions temporarily or liquidate entirely if they are hit by a flood of redemptions.
This way, the company will be able to protect funds under the European Deposit Protection scheme.
Similar(52)
We must ensure there are mechanisms to protect fund claimants.
This helped protect funding for our medal hopefuls for London 2012 and Rio 2016.
They said they would protect funding for Planned Parenthood; most said they would not support legalizing marijuana.
"We said everything is on the table to protect fund shareholders, and we mean it.
"It is clearly important to protect funding for Stem subjects and medicine.
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CEO of Professional Science Editing for Scientists @ prosciediting.com