SEC to Act on Money Market Fund Regulations


The agenda for the SEC’s open meeting on Wednesday, January 27, 2010 includes action on new rules, rule amendments, and a new form under the Investment Company Act of 1940 governing money market funds.

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    • SEC Staff Temporarily Suspends Requirement that Money Market Fund Boards Must Designate NRSROs
    • FRB-NY Expands its List of Counterparties Eligible to Participate in Reverse Repos by Adding 26 Money Market Funds
    • Agencies Issue ANPR on Alternatives to the Use of Credit Ratings in Capital Rules
    • SEC Staff Provides Derivatives Disclosure Guidance for Registered Funds
    • SEC Staff Provides Guidance Regarding the Treatment of Short-Term Floating Rate Securities Subject to an Unconditional Demand Feature When Calculating a Money Market Fund’s Weighted Average Life to Maturity
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