United States · Bill · S
S. 1117 (115th)
Consumer Financial Choice and Capital Markets Protection Act of 2017
Introduced
11 May 2017
Last action
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Status
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-354.
Sponsors
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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.
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate (text)
Introduced in Senate · EN · 11 May 2017
Introduced in Senate (PDF)
Introduced in Senate · EN · 11 May 2017
Introduced in Senate
summary · EN · 11 May 2017
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Sources
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- Official source: https://www.congress.gov/bill/115th-congress/senate-bill/1117
- Open data entity: https://api.congress.gov/v3/bill/115/s/1117