United States · Bill · S
S. 2684 (117th)
Consumer Financial Choice and Capital Markets Protection Act of 2021
Introduced
9 August 2021
Last action
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Status
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsors
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Subjects
Discovery layer
Source updated
5 December 2025
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.) Current law limits the provision of certain federal assistance directly to any money market fund. The bill requires disclosure of this limitation on federal assistance 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 · 9 August 2021
Introduced in Senate (PDF)
Introduced in Senate · EN · 9 August 2021
Introduced in Senate
summary · EN · 9 August 2021
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Sources
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- Official source: https://www.congress.gov/bill/117th-congress/senate-bill/2684
- Open data entity: https://api.congress.gov/v3/bill/117/s/2684