A man of strong opinions, to put it lightly, John Bogle is speaking up about proposed rules for money-market mutual funds.

MFWire covered his Morningstar speech Thursday, but other news outlets took note as well.

The Vanguard [profile] top dog suggests that such rules are basically failing, asserting that they don't fully protect investors or the financial system as a whole, Bloomberg reports.

Bogle slammed fund-company executives at the Morningstar Investment Conference on Thursday, stating that money-market fund net-asset values fluctuate and "they don’t want to let the world know."

For more, see the story here.  

Edited by: Nicole Spector


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