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United States · Bill · S

S. 1117 (115th)

Consumer Financial Choice and Capital Markets Protection Act of 2017

openUnited States· United States Congress· EN

Introduced

11 May 2017

Last action

26 June 2018 · Committee

Status

Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-354.

Sponsors

Sen. Toomey, Patrick [R-PA], Sen. Manchin, Joe, III [D-WV], Sen. Rounds, Mike [R-SD], Sen. Menendez, Robert [D-NJ], Sen. Peters, Gary C. [D-MI]

Subjects

Discovery layer

Source updated

6 December 2025

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 directly to any money market fund. This limitation on federal assistance must be disclosed in a money market's advertising and sales literature.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 11 May 2017

    Introduced

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Source: IntroReferral

  2. 11 May 2017

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 26 June 2018

    Committee

    Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-354.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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Leesvertaling

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 11 May 2017

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 11 May 2017

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 11 May 2017

    Open at official source

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Sponsors

Related records

Sources

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