The Wall Street Journal writes "​Money Funds Try Risk Again", which says, "Two years after a big money-​market mutual fund '​broke the buck,' some funds are making new bets on risky securities—​raising the chances for problems despite a raft of new rules designed to make the market safer.... To make the funds safer and reduce systemic risk, the Securities and Exchange Commission in January adopted several rules limiting the types of investments money funds can hold. Yet investors, analysts and even some money managers say funds are taking new risks now in part because of unintended consequences stemming from the new rules." It continues, "Tom Milner is one money-​market investor who is cutting back. A year ago, the director of treasury services at Wakefern Food Corp. held 80% of the company'​s cash in money funds; today, he said, that figure is 40% to 50%." It adds, "Money market funds '​are stronger and more resilient today than they were in 2008 as a result of the rules the Commission adopted,' said Robert Plaze, associate director for regulation in the SEC'​s investment-​management division. But investors say new problems are emerging."

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