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The Boston Globe


State St. unit will offer daily data

State Street Global Advisors said it plans to start disclosing the daily valuations of its money market mutual fund shares, following the lead of Fidelity Investments and a number of Wall Street banks earlier this month.

Money market funds typically price their shares at a constant $1, but there has been pressure from regulators to let the price float, reflecting the actual value of the bonds and other investments in the funds.

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