S.1802: Consumer Financial Choice and Capital Markets Protection Act of 2015

About This Bill

  • Introduced July 16, 2015
  • Latest Major Action May 19, 2016

Bill Summary

Consumer Financial Choice and Capital Markets Protection Act of 2015 This bill amends the Investment Company Act of 1940 to authorize any open-end investment company to elect, in its registration statement, to be a money market fund and to compute the current price per share, for purposes of distribution or redemption and repurchase, of any redeemable security issued by the company using the amortized cost method of valuation or the...

(Source: Library of Congress)

Bill Actions

Date Description
May 19, 2016
Committee on Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance, and Investment. Hearings held.
July 16, 2015
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
July 16, 2015

Introduced in the Senate by Patrick J. Toomey (R-Pa.)

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