Alert June 04, 2013

SEC to Consider Money Market Fund Reform Proposal at June 5 Open Meeting

The SEC posted a notice that the Commissioners are scheduled to meet June 5, 2013 at 10 a.m. (Washington, D.C. time) at which the Commission will “consider a recommendation to propose amendments to certain rules under the Investment Company Act that govern the operation of money market funds and related amendments to Form PF under the Investment Advisers Act.”  A live webcast of the meeting should be available here on the day of the meeting.