New SEC Commissioner Wants Agency to Slow Down
By Mark Schoeff Jr.
Published December 14 2011 Investment News
It didn't take long for Daniel Gallagher, the SEC's newest commissioner, to disagree with the agency's chairman, Mary Schapiro. In a speech Wednesday in Washington, Mr. Gallagher said the Securities and Exchange Commission should not move too quickly on proposing new rules to govern the operations of money market funds.
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