I am grateful to Senators Menendez, Crapo, and Manchin for joining me in legislation that would allow funds to elect a status which would enable money market funds to use the amortized cost and penny rounding accounting, therefore, maintain a stable NAV.
Toomey expresses gratitude for bipartisan support on legislation for money market funds.
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Cryptocurrencies can protect against inflation when Governments irresponsibly manage their own currencies.
I think there is a case to be made that there should be a regulatory regime on disclosure requirements for an issuer.
We owe it to each customer to get to the bottom of the FTX implosion, and any violations of the law should be aggressively prosecuted.
I think that there are a number of ways that you can go about creating a regulatory regime to take account of that risk.
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