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- S.1117
S.1117: Consumer Financial Choice and Capital Markets Protection Act of 2017
About This Bill
- Introduced May 11, 2017
- Latest Major Action June 26, 2018
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
4 (3 Democrats, 1 Republican)
Bill Version
- Introduced in Senate - May 11, 2017
Bill Summary
Consumer Financial Choice and Capital Markets Protection Act of 2017 This bill amends the Investment Company Act of 1940 to allow 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. Certain federal assistance may not be provided...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| June 26, 2018 |
Committee on Banking, Housing, and Urban Affairs. Hearings held.
|
| May 11, 2017 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
| May 11, 2017 |
Introduced in the Senate by Patrick J. Toomey (R-Pa.) |