legislation: 117-hr-9089
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This data as json
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| 117-hr-9089 | 117 | hr | 9089 | Consumer Financial Choice and Capital Markets Protection Act of 2022 | Finance and Financial Sector | 2022-09-30 | 2022-09-30 | Referred to the House Committee on Financial Services. | House | Rep. Williams, Roger [R-TX-25] | TX | R | W000816 | 1 | 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. | 2023-02-04T04:46:03Z | https://www.congress.gov/bill/117th-congress/house-bill/9089 |