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- H.R.1171
H.R.1171: Money Market Fund Parity Act of 2007
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about law
- Introduced Feb. 16, 2007
- Latest Major Action April 11, 2007
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
6 (3 Democrats, 4 Republicans)
Bill Summary
Money Market Fund Parity Act of 2007 - Directs the Securities and Exchange Commission to revise, according to specified requirements, rules relating to net capital, custody and use of customers' securities, and certain underwritings to provide for: (1) treatment of securities issued by qualified money market funds comparable with the treatment under those rules of other low-risk securities and deposits; and (2) the expanded use of securities...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Financial Services.
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Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.
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Feb. 16, 2007 |
Introduced in the House by Gregory W. Meeks (D-N.Y.) |