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Corruption & Bribery group
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Dear colleagues, ladies and gentlemen, allow me to join my colleagues in welcoming you to Tel Aviv for IOSCO's 34th Annual Conference. It is a pleasure and an honor to address you all this morning.
Thank you Chairman Schapiro.
Money market funds were founded nearly 40 years ago. And, as is well known, one of the hallmarks of money market funds is their ability to maintain a stable net asset value — typically at a dollar per share.
Good morning. I want to join Chairman Schapiro in recognizing the Division of Investment Management and the offices of General Counsel and Economic Analysis for their contributions to this proposing release. And I want to commend the Chairman for taking up this critical rulemaking in such a timely way.
Remarks at the Open Meeting of the U.S. Securities & Exchange Commission Regarding Money Market Fund Reform blog
Thank you, Chairman Schapiro.
Good morning. This is an open meeting of the U.S. Securities and Exchange Commission on June 24, 2009. Today, we are considering a recommendation from the Division of Investment Management that the Commission propose rules to enhance the regulatory regime for money market mutual funds.