Geithner Urges Regulators to Press SEC on Money-Market Overhaul

Geithner Urges Regulators to Press SEC on Money-Market Overhaul

Andrew Harrer/Bloomberg

Timothy F. Geithner recommended considering three steps to reduce the risk funds might pose to the financial system: floating net asset values, requiring funds to hold capital buffers of “adequate size,” likely less than 1 percent, and imposing capital and enhanced liquidity standards.