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Consumer Financial Choice and Capital Markets Protection Act of 2022

USA117th CongressHR-9089| House 
| Updated: 9/30/2022
Roger Williams

Roger Williams

Republican Representative

Texas

Cosponsors (1)
Gwen Moore (Democratic)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Consumer Financial Choice and Capital Markets Protection Act of 2022 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. (A money market fund is a type of mutual fund that invests in liquid, short-term assets.) Current law limits the provision of certain federal assistance directly to any money market fund. The bill requires disclosure of this limitation on federal assistance in a money market's advertising and sales literature.
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Timeline

Bill from Previous Congress

HR 116-4492
Consumer Financial Choice and Capital Markets Protection Act of 2019

Bill from Previous Congress

HR 115-2319
Consumer Financial Choice and Capital Markets Protection Act of 2018
Aug 9, 2021

Latest Companion Bill Action

S 117-2684
Introduced in Senate
Sep 30, 2022
Introduced in House
Sep 30, 2022
Referred to the House Committee on Financial Services.
  • Bill from Previous Congress

    HR 116-4492
    Consumer Financial Choice and Capital Markets Protection Act of 2019


  • Bill from Previous Congress

    HR 115-2319
    Consumer Financial Choice and Capital Markets Protection Act of 2018


  • August 9, 2021

    Latest Companion Bill Action

    S 117-2684
    Introduced in Senate


  • September 30, 2022
    Introduced in House


  • September 30, 2022
    Referred to the House Committee on Financial Services.

Finance and Financial Sector

Related Bills

  • S 117-2684: Consumer Financial Choice and Capital Markets Protection Act of 2021

Consumer Financial Choice and Capital Markets Protection Act of 2022

USA117th CongressHR-9089| House 
| Updated: 9/30/2022
Consumer Financial Choice and Capital Markets Protection Act of 2022 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. (A money market fund is a type of mutual fund that invests in liquid, short-term assets.) Current law limits the provision of certain federal assistance directly to any money market fund. The bill requires disclosure of this limitation on federal assistance in a money market's advertising and sales literature.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 116-4492
Consumer Financial Choice and Capital Markets Protection Act of 2019

Bill from Previous Congress

HR 115-2319
Consumer Financial Choice and Capital Markets Protection Act of 2018
Aug 9, 2021

Latest Companion Bill Action

S 117-2684
Introduced in Senate
Sep 30, 2022
Introduced in House
Sep 30, 2022
Referred to the House Committee on Financial Services.
  • Bill from Previous Congress

    HR 116-4492
    Consumer Financial Choice and Capital Markets Protection Act of 2019


  • Bill from Previous Congress

    HR 115-2319
    Consumer Financial Choice and Capital Markets Protection Act of 2018


  • August 9, 2021

    Latest Companion Bill Action

    S 117-2684
    Introduced in Senate


  • September 30, 2022
    Introduced in House


  • September 30, 2022
    Referred to the House Committee on Financial Services.
Roger Williams

Roger Williams

Republican Representative

Texas

Cosponsors (1)
Gwen Moore (Democratic)

Financial Services Committee

Finance and Financial Sector

Related Bills

  • S 117-2684: Consumer Financial Choice and Capital Markets Protection Act of 2021
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted