Consumer Financial Choice and Capital Markets Protection Act of 2019

United States116th CongressS-733Senate
Updated: Mar 11, 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

Available versions
Introduced (Senate)View official text

1 version available

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Timeline

Latest companion bill action

HR-4492: Consumer Financial Choice and Capital Markets Protection Act of 2019

Introduced in House

  1. Introduced in Senate

  2. Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Senate

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