We were rather startled when we read as a sidenote in a story on money market mutual fund flows in The Wall Street Journal the other day that Financial Research Corp., the go-to source for industry- and firm-wide sales data, would no longer be publishing its figures.

Bending into industry pressure due to poor figures, the story said, FRC would now be withholding the information. (See "FRC Drops Closely Watched Sales Figures; Bad News Bears - Fund Firms Tired of Reading About Steep Sales Declines," MME 5/15/08).

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