SEC Commissioner Luis A. Aguilar yesterday responded to Chairman Mary L. Schapiro’s statement regarding the apparent lack of votes for the Commission to issue a proposal on a new round of structural money market mutual fund reforms. Commissioner Aguilar expressed support for a concept release on further money fund reforms, but raised questions about the potential impact a proposal focused on just one segment of the money markets may have given current economic conditions.
via jimhamiltonblog.blogspot.com
Hamilton goes on to detail the key points of Aguilar's statement.