Skip to content
By using Twitter’s services you agree to our Cookies Use. We and our partners operate globally and use cookies, including for analytics, personalisation, and ads.
  • Home Home Home, current page.
  • Moments Moments Moments, current page.

Saved searches

  • Remove
  • In this conversation
    Verified accountProtected Tweets @
Suggested users
  • Verified accountProtected Tweets @
  • Verified accountProtected Tweets @
  • Language: English
    • Bahasa Indonesia
    • Bahasa Melayu
    • Català
    • Čeština
    • Dansk
    • Deutsch
    • English UK
    • Español
    • Filipino
    • Français
    • Hrvatski
    • Italiano
    • Magyar
    • Nederlands
    • Norsk
    • Polski
    • Português
    • Română
    • Slovenčina
    • Suomi
    • Svenska
    • Tiếng Việt
    • Türkçe
    • Ελληνικά
    • Български език
    • Русский
    • Српски
    • Українська мова
    • עִבְרִית
    • العربية
    • فارسی
    • मराठी
    • हिन्दी
    • বাংলা
    • ગુજરાતી
    • தமிழ்
    • ಕನ್ನಡ
    • ภาษาไทย
    • 한국어
    • 日本語
    • 简体中文
    • 繁體中文
  • Have an account? Log in
    Have an account?
    · Forgot password?

    New to Twitter?
    Sign up
WSJ's profile
The Wall Street Journal
The Wall Street Journal
The Wall Street Journal
Verified account
@WSJ

Tweets

The Wall Street JournalVerified account

@WSJ

Breaking news and features from the WSJ.

New York, NY
wsj.com
Joined April 2007

Tweets

  • © 2018 Twitter
  • About
  • Help Center
  • Terms
  • Privacy policy
  • Cookies
  • Ads info
Dismiss
Previous
Next

Go to a person's profile

Saved searches

  • Remove
  • In this conversation
    Verified accountProtected Tweets @
Suggested users
  • Verified accountProtected Tweets @
  • Verified accountProtected Tweets @

Promote this Tweet

Block

  • Tweet with a location

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

    Your lists

    Create a new list


    Under 100 characters, optional

    Privacy

    Copy link to Tweet

    Embed this Tweet

    Embed this Video

    Add this Tweet to your website by copying the code below. Learn more

    Add this video to your website by copying the code below. Learn more

    Hmm, there was a problem reaching the server.

    By embedding Twitter content in your website or app, you are agreeing to the Twitter Developer Agreement and Developer Policy.

    Preview

    Why you're seeing this ad

    Log in to Twitter

    · Forgot password?
    Don't have an account? Sign up »

    Sign up for Twitter

    Not on Twitter? Sign up, tune into the things you care about, and get updates as they happen.

    Sign up
    Have an account? Log in »

    Two-way (sending and receiving) short codes:

    Country Code For customers of
    United States 40404 (any)
    Canada 21212 (any)
    United Kingdom 86444 Vodafone, Orange, 3, O2
    Brazil 40404 Nextel, TIM
    Haiti 40404 Digicel, Voila
    Ireland 51210 Vodafone, O2
    India 53000 Bharti Airtel, Videocon, Reliance
    Indonesia 89887 AXIS, 3, Telkomsel, Indosat, XL Axiata
    Italy 4880804 Wind
    3424486444 Vodafone
    » See SMS short codes for other countries

    Confirmation

     

    Welcome home!

    This timeline is where you’ll spend most of your time, getting instant updates about what matters to you.

    Tweets not working for you?

    Hover over the profile pic and click the Following button to unfollow any account.

    Say a lot with a little

    When you see a Tweet you love, tap the heart — it lets the person who wrote it know you shared the love.

    Spread the word

    The fastest way to share someone else’s Tweet with your followers is with a Retweet. Tap the icon to send it instantly.

    Join the conversation

    Add your thoughts about any Tweet with a Reply. Find a topic you’re passionate about, and jump right in.

    Learn the latest

    Get instant insight into what people are talking about now.

    Get more of what you love

    Follow more accounts to get instant updates about topics you care about.

    Find what's happening

    See the latest conversations about any topic instantly.

    Never miss a Moment

    Catch up instantly on the best stories happening as they unfold.

    The Wall Street Journal‏Verified account @WSJ 14 Dec 2017

    Legislation to overturn an SEC rule covering money-market mutual funds has gathered an unusual amount of bipartisan supporthttp://on.wsj.com/2AKOJyL 

    2:20 PM - 14 Dec 2017
    • 17 Retweets
    • 24 Likes
    • Taylor Yiyi Elaine Tirtho Kundu Nelson Escalante John I Sanders, Esq. Robert Chaffin Md.AsifAbedin(Shaju)🇧🇩 Lavonte Christion Charity
    12 replies 17 retweets 24 likes
      1. New conversation
      2. William Birdthistle‏ @WABirdthistle 14 Dec 2017
        Replying to @WSJ

        Repealing this rule -- which simply requires certain money market funds to account for their value like all other mutual funds -- is a bad idea. MM funds have (and should have) values that float up and down because their portfolios comprise investments that float up and down. /1

        1 reply 0 retweets 3 likes
      3. William Birdthistle‏ @WABirdthistle 14 Dec 2017
        Replying to @WABirdthistle @WSJ

        Allowing money market funds to pretend that their values are constant is (a) misleading to investors, and (b) a regulatory subsidy that allows them to compete with bank accounts -- but unlike bank accounts, which carry FDIC insurance, MM funds are not insured. /2

        1 reply 0 retweets 2 likes
      4. William Birdthistle‏ @WABirdthistle 14 Dec 2017
        Replying to @WABirdthistle @WSJ

        And since money market funds do not pay insurance, they are cheaper to operate than equivalent bank accounts -- so they can enjoy a better yield than their competitors without being as safe. Regulators are, in essence, allowing MM fund sponsors to project a false impression. /3

        2 replies 0 retweets 2 likes
      5. William Birdthistle‏ @WABirdthistle 14 Dec 2017
        Replying to @WABirdthistle @WSJ

        The article states that officials "say the rules have constrained investment choices for municipalities, many of which maintain policies that prohibit them from placing cash in investments that can decline in value." But MMF funds CAN decline in value: eg Reserve Primary Fund. /4

        1 reply 0 retweets 2 likes
      6. William Birdthistle‏ @WABirdthistle 14 Dec 2017
        Replying to @WABirdthistle @WSJ

        The SEC should treat MM funds like all other mutual funds: with a floating NAV, which warns investors of the fluctuation of these investments. Repealing this rule would do the opposite by granting government imprimatur that conveys a false sense of the investments' security. /5

        1 reply 0 retweets 2 likes
      7. William Birdthistle‏ @WABirdthistle 14 Dec 2017
        Replying to @WABirdthistle @WSJ

        The breaking of the buck showed the danger of MM funds. Faced with that hole in the ground, the SEC might take away the orange cones & warning tape around the danger; choosing instead to drape a tarp over the hole. Exactly the wrong action for a government regulator. /Fin

        0 replies 0 retweets 3 likes
      8. End of conversation
      1. Mark D.‏ @markdiaz51 14 Dec 2017
        Replying to @WSJ

        More importantly, why is the Dept of Justice not using anti-trust laws to make the big banks smaller, so if they fail, the rest of our financial system does not crash?

        0 replies 0 retweets 0 likes
        Thanks. Twitter will use this to make your timeline better. Undo
        Undo
      1. Vincent JJ Bedoy‏ @vini_lish 14 Dec 2017
        Replying to @WSJ

        SEC insider trading at forefront of Trump/Deutsche Bank Scheme

        0 replies 0 retweets 0 likes
        Thanks. Twitter will use this to make your timeline better. Undo
        Undo
      1. Stanley Carman‏ @stanleycarman 14 Dec 2017
        Replying to @WSJ

        WTF!!!!! You create a crisis in 2007/2008 Almost collapse the financial markets here and around the world. Made the US taxpayers bail your sorry asses out of a jamb that the financial industry created. Pass laws to protect the people. NOW you want to let them off the hook????

        0 replies 0 retweets 0 likes
        Thanks. Twitter will use this to make your timeline better. Undo
        Undo
      1. blake mccallum‏ @blakemccallum3 14 Dec 2017
        Replying to @WSJ

        Is that so Wallstreet can steal people's retirement founds again.

        0 replies 0 retweets 0 likes
        Thanks. Twitter will use this to make your timeline better. Undo
        Undo
      1. Arthur W Walsh‏ @desprdo39 14 Dec 2017
        Replying to @WSJ

        @SenAngusKing This is the BS you support for your Wall Street buddies. When there is another crash you will be blamed and I will see that you are.

        0 replies 0 retweets 0 likes
        Thanks. Twitter will use this to make your timeline better. Undo
        Undo
      1. John I Sanders, Esq.‏ @js_avvamericano 14 Dec 2017
        Replying to @WSJ

        For a short period in time, this was my least favorite #SEC rule. I was a front line brokerage associate when the first fund broke the buck and triggered a panic, and even I didn’t think there was a problem this rule addressed. #law #regulation

        0 replies 0 retweets 0 likes
        Thanks. Twitter will use this to make your timeline better. Undo
        Undo
      1. Lordprivacy‏ @lordprivacy 14 Dec 2017
        Replying to @WSJ

        wow

        0 replies 0 retweets 0 likes
        Thanks. Twitter will use this to make your timeline better. Undo
        Undo
      1. Koos Klein‏ @Doorknokken 14 Dec 2017
        Replying to @WSJ

        https://www.youtube.com/watch?v=dTG1c0FOXus&t=0s …

        0 replies 0 retweets 0 likes
        Thanks. Twitter will use this to make your timeline better. Undo
        Undo

    Loading seems to be taking a while.

    Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.

      Promoted Tweet

      false

      • © 2018 Twitter
      • About
      • Help Center
      • Terms
      • Privacy policy
      • Cookies
      • Ads info