Ex-SEC Chairman Ruder on Money-Market Fund Rules

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Aug. 23 (Bloomberg) -- David Ruder, a professor at Northwestern University and a former U.S. Securities and Exchange Commission chairman, talks about the SEC's cancellation of to cancel a vote on a proposal to tighten money-market fund rules. Ruder also discusses the Volker rule and the Dodd-Frank Act. He speaks with Trish Regan and Adam Johnson on Bloomberg Television's "Street Smart." USA Today's Lawrence Kramer also speaks. (Source: Bloomberg)