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NYT: Opposition to mutual fund liquidity proposals

Very good read from NYT about the liquidity proposals put forward by the SEC. Most striking (terrifying?) is the revolving door of so-called regulators featured in the story.

http://www.nytimes.com/2016/03/10/business/dealbook/mutual-funds-resist-sec-plan-to-require-more-ready-cash.html?hpw&rref=business&action=click&pgtype=Homepage&module=well-region&region=bottom-well&WT.nav=bottom-well&_r=0
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