As FSOC action looms, several firms will meet with the SEC today to discuss a possible compromise.

New share classes allow funds to maintain stable value by taking shares from investors.

New share classes allow funds to maintain stable value by taking shares from investors.

Geithner breaks logjam by forcing SEC to put issue back on its agenda.

Geithner breaks logjam by forcing SEC to put issue back on its agenda.

Federal Reserve and Treasury seen taking up the effort to tighten regulation of funds after SEC fails.

Federal Reserve and Treasury seen taking up the effort to tighten regulation of funds after SEC fails.

The Financial Stability Oversight Council is likely to take up the debate over money funds rules now that Schapiro has cancelled an SEC vote on the matter.