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Text of Statement on the Regulation of Money Market Funds by SEC Commissioners Daniel M. Gallagher and Troy A. Paredes, on August 28, 2012
U.S. Securities and Exchange Commission [SEC]
[Opinion] Aug. 29, 2012
"We were dismayed by the Chairman's August 22, 2012, statement on the proposal she advanced to restructure money market funds. The current discourse about the Commission's regulation of money market funds is rife with misunderstandings and misconceptions. This joint statement is intended as one step in setting the record straight."
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