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HR 1171 110th Congress House

Money Market Fund Parity Act of 2007

Official title: To direct the Securities and Exchange Commission to revise rules to provide for the comparable treatment and expanded use of qualified money market funds for broker-dealer financing.

Introduced: February 16, 2007 Introduced by: Meeks, Gregory W. Democratic · New York See on congress.gov
Finance and Financial Sector Administrative procedureBank accountsBrokersCapital
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CommerceGovernment Operations and PoliticsIndependent regulatory commissionsInvestmentsLawMargins (Security trading)Money market fundsSecuritiesSecurities and Exchange CommissionSecurities industrySecurities regulationSurety and fidelity
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This bill died when the 110th Congress ended
It never became law before the 110th Congress (2007–2008) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 11, 2007
Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.
Feb 16, 2007
Referred to the House Committee on Financial Services.
Feb 16, 2007
Introduced in House
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 Latest action April 11, 2007

Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.

 Plain-English summary Congressional Research Service

Money Market Fund Parity Act of 2007 - Directs the Securities and Exchange Commission to revise, according to specified requirements, rules relating to net capital, custody and use of customers' securities, and certain underwritings to provide for: (1) treatment of securities issued by qualified money market funds comparable with the treatment under those rules of other low-risk securities and deposits; and (2) the expanded use of securities issued by qualified money market funds for financing by brokers and dealers.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
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APA
U.S. Congress. (2026). H.R. 1171: Money Market Fund Parity Act of 2007. 110th Congress. Open America. https://openamerica.io/bill/110-HR-1171/
MLA
"H.R. 1171: Money Market Fund Parity Act of 2007." 110th Congress, 2026, Open America, https://openamerica.io/bill/110-HR-1171/.
Bluebook (legal)
H.R. 1171, 110th Cong. (2026), https://openamerica.io/bill/110-HR-1171/.
Markdown link
[H.R. 1171: Money Market Fund Parity Act of 2007](https://openamerica.io/bill/110-HR-1171/)
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