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SEC Adopts Significant Money Market Fund Reforms and Amended Form PF Reporting Requirements for Private Liquidity Fund Advisers | Vedder Price
On July 12, 2023, in a 3-2 vote, the SEC adopted amendments to Rule 2a-7 under the Investment Company Act of 1940, representing the SEC’s latest reforms of the rules governing money.
Board delegation of liquidity fee administration
Investment company
Investment company act
Minimum daily
Weekly liquidity requirements
Board reporting
Liquidity threshold
Redemption gates
Liquidity fees
Institutional prime
Institutional tax exempt money market
Non government money market
Weekly liquid assets
Liquidity fee
Negative interest rate
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