US Money Market Fund Reform: Form N-CR and Related Website Disclosure Compliance Deadline Quickly Approaching

May 20, 2015

The July 14, 2015 compliance date for certain new money market fund reporting and disclosure requirements adopted by the U.S. Securities and Exchange Commission (SEC) is quickly approaching. In particular, money market funds will be required to report information regarding the occurrence of certain material events on new Form N-CR and to make related website disclosures by that date. Money market funds and their advisers should consider updating their policies and procedures to address these new requirements in advance of the upcoming compliance date. Such changes may need to be approved or ratified by the money market fund’s board of directors/trustees (board).

This OnPoint provides an overview of these reporting and disclosure requirements.

Read "U.S. Money Market Fund Reform: Form N-CR and Related Website Disclosure Compliance Deadline Quickly Approaching."