| 2:00-2:10 p.m. |
Opening Remarks — Chairman Mary L. Schapiro |
| 2:10-2:20 p.m. |
Introductions — Participants and Moderators |
| 2:20-3:05 p.m. |
Discussion — Potential for Money Market Funds to Pose a Systemic Risk to Broader Markets
- What makes money market funds vulnerable to runs?
- How should the role of money market funds in the short-term funding market be viewed through the prism of systemic risk analysis?
|
| 3:05-3:20 p.m. |
Break |
| 3:20-5:00 p.m. |
Discussion — Regulatory Options and their Implications
- Floating NAV vs. Bank regulation
- Hybrid approaches to regulation: Private liquidity bank
- Hybrid approaches to regulation: Mandatory reserve/capital requirements
- Hybrid approaches to regulation: Liquidity fees
|
