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Reduce liability for losses on commercial accounts by adhering to four requirements.
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Report AveragesTM
7-Day Yield — 0.01
30-Day Yield — 0.02
7-Day Comp Yield — 0.01
All Taxable Averages (Based on 1,026 funds with assets of $2.32 trillion - 5/22/13)
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House Financial Services Committee Changes Take Effect in January
Dec 10 - House Financial Services Committee changes taking effect after the new Congress convenes in January include Rep. Jeb Hensarling, R-Texas, as chairman, and Rep. Maxine Waters, D-Calif., as vice chairman. Hensarling, who has been vice chairman, will succeed Rep. Spencer Bachus, R-Ala., who stepped down as chairman due to term limits.
The Senate Banking Committee is expected to have Sen.-elect Elizabeth Warren, D-Mass., as a new member in January.
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