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Today's Business Headlines
(Reuters) - New money market fund reforms are half measures which will fail to end investors’ illusion that there is such a thing as a safe asset.

NEW YORK (Reuters) - Bernard Madoff's massive Ponzi scheme relied on reams of fake trading documents to fool regulators for decades.

NEW YORK (Reuters) - A U.S. federal judge on Wednesday dismissed a shareholders' lawsuit claiming JPMorgan Chase & Co board members knew about Bernard Madoff's Ponzi scheme and ignored red flags...

BOSTON (Reuters) - New rules announced on Wednesday will likely drive safety-oriented retail investors away from some money market funds because they highlight risks and make it harder to pull cash...

WASHINGTON (Reuters) - U.S. regulators adopted moderate reforms for money market mutual funds on Wednesday, in what amounted to a compromise that aims to balance the need to reduce the risk of runs...

BOSTON (Reuters) - Two funds at Renaissance Technologies, one of the world's biggest hedge funds, are performing better than the average hedge fund, but the company has stopped selling them in Europe...

NEW YORK (Reuters) - A hedge fund with over $400 million in Puerto Rico bonds has joined a legal challenge against a law that allows the U.S. Commonwealth to restructure some of its debt, hiring one...

(Reuters) - The U.S. Securities and Exchange Commission has approved a new brokerage industry rule to ban dispute settlements between securities firms and investors that require investors to agree to...

WASHINGTON (Reuters) - U.S. regulators and 15 states announced a wave of lawsuits on Wednesday against law firms and mortgage assistance companies they said have scammed borrowers since at least 2011...

She and her husband Mark were about $40,000 in debt, and were having trouble paying their monthly bills. As recent homebuyers, the couple from Syracuse, New York, were already underwater on the...

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