Consumer Financial Choice and Capital Markets Protection Act of 2019
United States116th CongressHR-4492House of Representatives
Updated: Sep 25, 2019
Summary
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.
Bill texts
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Timeline
Latest companion bill action
S-733: Consumer Financial Choice and Capital Markets Protection Act of 2019Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Referred to the House Committee on Financial Services.
House of Representatives
Introduced in House
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