Investment managers including BlackRock Inc., under pressure topre-empt action by a new super-committee of regulators, are seekingto end an impasse over money-fund reform, according to three peoplewith knowledge of the matter.

Officials from several firms, as well as representatives fromthe Investment Company Institute, the industry's trade group, arescheduled to meet with the Securities and Exchange Commission todayto discuss proposals for a potential compromise, said the people,asking not to be identified because the information is private. Theindustry helped block a plan in August that was backed by SECChairman Mary Schapiro.

The firms are pushing for an agreement amid the threat of actionfrom the Financial Stability Oversight Council, or FSOC, amulti-agency panel of senior regulators formed by the Dodd FrankAct. FSOC's most powerful figures, Treasury Secretary TimothyGeithner and Federal Reserve Chairman Ben S. Bernanke, have saidmoney funds are a systemic threat to global financial markets. Thebody could intervene and submit money funds to direct regulation bythe Fed.