My favorite lobbying move of the year came in early May, in, of course, Washington, D.C.

Mary Schapiro, chairman of the Securities and Exchange Commission, was about to come on stage at the general membership meeting of the Investment Company Institute. The ICI and SEC had been at loggerheads for months on what has been arguably the hottest issue of the year: What to do about money market mutual funds, to ensure they can withstand runs. Only two months earlier, members of the ICI got to see fireworks first-hand about this, on stage, at the group's mutual fund and investment management conference in Phoenix.

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