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On September 16, the Securities and Exchange Commission adopted amendments to remove credit rating references in Rule 2a-7 and the form that money market funds use to report to the SEC.
On September 16, the Securities and Exchange
Commission adopted amendments to remove credit rating
references in Rule 2a-7 and the form that money market funds use to
report to the SEC. The SEC also adopted amendments that would
subject additional securities to the issuer diversification
provisions in Rule 2a-7. Release.
Final
Rule.
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