Treasury Secretary Timothy F. Geithner put pressure on the U.S. Securities and Exchange Commission to tighten oversight of the $2.6 trillion money- market fund industry, saying the funds may pose a risk to the stability of the financial system.

The Financial Stability Oversight Council, a group of regulators that includes the SEC and is headed by the Treasury, should release for public comment options for an overhaul of the funds, an alternative to bank accounts for individuals and companies, Geithner said in a letter to the council today.

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