arrow_back Back to App

Investment and Capital Markets Protection: New Rules for Money Market Funds

This act aims to protect citizens' investment choices by introducing new rules for money market funds. It allows funds to maintain a stable share price, which can increase predictability for investors. At the same time, the act explicitly prohibits government financial bailouts for these funds, meaning investors should be aware of the lack of government guarantees if a fund faces issues.
Key points
Money market funds can choose a valuation method that allows them to maintain a stable share price, potentially simplifying financial planning.
The act clearly prohibits the federal government from directly bailing out money market funds in case of financial distress.
Funds must disclose the absence of government guarantees in their advertising materials and prospectuses.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_9089
Sponsor: Rep. Williams, Roger [R-TX-25]
Process start date: 2022-09-30
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Consumer Financial Choice and Capital Markets Protection Act of 2022

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_9089.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-09-30.

What are the main provisions?

Key points include:

  • Money market funds can choose a valuation method that allows them to maintain a stable share price, potentially simplifying financial planning.
  • The act clearly prohibits the federal government from directly bailing out money market funds in case of financial distress.
  • Funds must disclose the absence of government guarantees in their advertising materials and prospectuses.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Williams, Roger [R-TX-25].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Economy