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SEC Proposes Money Market Funds Reforms

On December 15, 2021, the SEC issued a release (the “Release”) proposing amendments to certain rules that govern money market funds under the 1940 Act. The proposed changes to Rule 2a-7, new reporting requirements and form changes (the “Proposals”) are intended to address problems experienced by certain money market funds in connection with the economic shock at the onset of the COVID-19 pandemic.

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SEC Adopts Amendments to Form ADV Part 2

Practices: Investment Management

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