Consumer Financial Choice and Capital Markets Protection Act of 2019
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Sep 25, 2019)
Consumer Financial Choice and Capital Markets Protection Act of 2019
This bill allows a money market fund, under specified conditions, to elect to operate using a different method of valuation than is otherwise required. A money market fund that elects to do so shall not be subject to specified requirements related to the imposition of liquidity fees.
Certain federal assistance may not be provided directly to any money market fund. This limitation on federal assistance must be disclosed in a money market's advertising and sales literature.
What just happenedSep 25, 2019
Referred to the House Committee on Financial Services.
Who’s behind it
- Introduced in HouseSep 25, 2019
- Sep 25, 2019IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Sep 25, 2019IntroReferralIntro-H
Introduced in House
- Sep 25, 2019IntroReferral1000
Introduced in House