WASHINGTON, D.C. - Mary L. Schapiro did not 'break the buck' at the annual membership meeting of the Investment Company Institute.

Appearing on stage in conversation with Mellody Hobson, president of Ariel Investments, the chairman of the Securities and Exchange Commission did not unveil or describe any particulars of how she intends to permanently address what she sees as needed long-term restructuring of the money market mutual fund industry.

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