On August 28th, SEC Commissioners Daniel M. Gallagher and Troy A. Paredes issued a statement concerning the future regulation of money market mutual funds. The Commissioners emphasized that although they did not support Chairman Mary L. Schapiro's specific proposals on that subject, the two Commissioners do not oppose further improvements to the SEC's oversight and regulation of money market funds. Alternative approaches include the imposition of "gates" on redemptions and enhanced disclosure about the risks of investing in money market funds. They also pose a series of questions concerning the interaction of money market mutual funds with other sectors of the financial markets. Commissioners' Statement.