S. 1802, the Consumer Financial Choice and Capital Markets Protection Act of 2015

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S. 1802 amends the Investment Company Act of 1940 to permit money market funds to compute their current price per share using the amortized cost method of valuation or the penny-rounding method of pricing.

 

Introduced: July 16, 2015

 

Sponsor: Senator Pat Toomey (R-PA)

 

Click on Documents to review the text of the bill.

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S. 1802 amends the Investment Company Act of 1940 to permit money market funds to compute their current price per share using the amortized cost method of valuation or the penny-rounding method of pricing.

 

Introduced: July 16, 2015

 

Sponsor: Senator Pat Toomey (R-PA)

 

Click on Documents to review the text of the bill.