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United States · Bill · HR

H.R. 1160 (111th)

Money Market Fund Parity Act of 2009

referredUnited States· United States Congress· EN

Introduced

24 February 2009

Last action

Status

Referred to the House Committee on Financial Services.

Sponsors

Subjects

Discovery layer

Source updated

14 August 2025

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 securities issued by qualified money market funds for financing by brokers and dealers.

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Documents

3 official files

Introduced in House (text)

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Sources

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