S.2684: Consumer Financial Choice and Capital Markets Protection Act of 2021

About This Bill

Bill Cosponsors

3 (2 Democrats, 1 Republican)

Bill Version

Bill Summary

Consumer Financial Choice and Capital Markets Protection Act of 2021 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.)...

(Source: Library of Congress)

Bill Actions

Date Description
Aug. 9, 2021
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Aug. 9, 2021

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

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