Geithner Presses SEC to Make Money Funds Safer

Nov. 13 (Bloomberg) -- U.S. Treasury Secretary Timothy Geithner, Securities and Exchange Commission Chairman Mary Schapiro, Federal Reserve Chairman Ben S. Bernanke, Commodity Futures Trading Commission Chairman Gary Gensler and Federal Deposit Insurance Corporation Acting Chairman Martin J. Gruenberg speak in Washington at a meeting of the Financial Stability Oversight Council about rules governing money market funds. Geithner, stepping up pressure on the SEC to make money funds safer, outlined three options to overhaul the $2.6 trillion industry. (Source: Bloomberg)
Square Rival iZettle Raises $67M From Intel and Zouk
55:28 - Today’s "BWest Byte" is $67 million, for how much iZettle, a Swedish payments startup and rival to Jack Dorsey's Square, has raised from Intel and Zouk. Bloomberg's Matt Miller reports on "Bloomberg West." (Source: Bloomberg)
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