Levitt: SEC Money Markets Stance `Disgraceful'

Levitt: SEC Money Markets Stance `Disgraceful' Play

Aug. 16 (Bloomberg) -- Arthur Levitt, former chairman of the U.S. Securities and Exchange Commission and a Bloomberg LP board member, discusses the rejection by SEC commissioners of chairman Mary Schapiro's push to toughen regulations on money market mutual funds. He speaks on Bloomberg Television's "Market Makers."

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