Levitt on SEC's Canceled Vote on Money Fund Rules

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Aug. 23 (Bloomberg) -- Arthur Levitt, former chairman of the U.S. Securities and Exchange Commission, talks about SEC Chairman Mary Schapiro's abandoned quest to impose tougher rules on money-market mutual funds after three of the four other commissioners didn't support her effort. Levitt, a Bloomberg LP board member, speaks with Erik Schatzker and Stephanie Ruhle on Bloomberg Television's "Market Makers." (Source: Bloomberg)

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