Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:18 Republicans and 15 Democrats Attack Schapiro's Money Fund Proposals Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, May 02, 2012

18 Republicans and 15 Democrats Attack Schapiro's Money Fund Proposals

News summary by MFWire's editors

33 members of Congress have rallied oppose new money market mutual fund regulations. The Wall Street Journal reports that former mayors and state treasurers, 18 Republicans and 15 Democrats, signed a letter sent to Securities and Exchange Commission (SEC) chairman Mary Schapiro.

The effort was spearheaded by the Investment Company Institute (ICI).

"We ask that the Commission take into full consideration the important role MMFs play in our municipal economies and not do anything that would make it more difficult or expensive for states, towns and cities to raise capital," the letter reads.

Among the lawmakers that signed the letter were representatives Richard Neal, a Massachusetts Democrat and former mayor of Springfield, and Jim Moran, a Virginia Democrat and Alexandria's former mayor. 

Edited by: HFD


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use