SEC Money Market Plan Gets Fed's Dudley's Backing

Aug. 15 (Bloomberg) -- Bloomberg's Mike McKee reports that William Dudley, president of the Federal Reserve Bank of New York, said new rules are needed to protect the financial system from a run on money-market mutual funds, lending his support to a regulatory overhaul proposed by U.S. Securities and Exchange Commission Chairman Mary Schapiro. He speaks on Bloomberg Television's "Market Makers."
Why Energy Is Bull Market's Last Great Opportunity
27:35 - Tobias Levkovich, chief U.S. equity strategist at Citigroup, and Willem Buiter, chief economist at Citigroup, discuss the market opportunity of the energy sector, the continued bull market run and what now constitutes normal equity returns. They speak on "Bloomberg Surveillance." (Source: Bloomberg)
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