H.R.1160: Money Market Fund Parity Act of 2009

About This Bill

Bill Summary

Money Market Fund Parity Act of 2009 - Directs the Securities and Exchange Commission (SEC) 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...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Financial Services.
Feb. 24, 2009

Introduced in the House by Gregory W. Meeks (D-N.Y.)

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