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SEC Schedules Open Meeting on Money Market Fund Reform

The U.S. Securities and Exchange Commission scheduled a meeting for Wednesday, June 5 to consider proposing amendments to the rules governing money market funds. In addition, the Commission also will consider related changes to Form PF – the reporting form for investment advisers to private funds, certain commodity pool operators, and commodity trading advisors. No details have been given as to what types of changes will be included in the proposal. For full text of the meeting announcement, click here.