There's no question that breaking the buck value of a share, permanently, would upend if not destroy the foundation of the money market mutual fund industry.

This is an industry that became a favored haven of institutions by being able to promise stability-like a bank account-of value, plus a return that beat alternatives-such as a bank account.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.