Regulators and mutual fund executives differ on the stability of money market funds since the financial crisis. The S.E.C. is expected to soon propose more changes in the industry.
“I made the tragic mistake of trying to change the way money was managed and was successful at the start, but lost my way after a while and refused to admit that I failed.”
— Bernard L. Madoff, in an e-mail on Oct. 11, 2011