SEC: Money market interim rule adopted
The SEC last month issued an interim rule affecting money market funds.
The SEC last month issued an interim rule affecting money market funds. Under the rule, which is effective for one year, such funds must report portfolio holdings and valuation information to the SEC under certain circumstances. The agency also is seeking input by Oct. 26 on the interim rule. For information on submitting comments and for more details of the rule, visit sec.gov/rules/final/2009/ic-28903.pdf.
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