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Response to SEC Money Market Fund Reform
   
   
   
   
   
   
   
   
Our Industry:
Response to SEC Money Market Fund Reform

 

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Data Communiqué announces the availability of our response to the Securities and Exchange Commission regarding Money Market Fund Reform.

In the response, Data Communiqué strongly supports the Commission's initiative noting:

  • Posting to a mutual fund's web site and filing of the new Form N-MFP should be monthly with a 15 to 30 day lag between the end of the month and posting.
  • Form N-MFP should be filed in XBRL format.
  • Information provided in Form N-MFP should be held confidential by the SEC for the first year of the program to provide regulators and mutual funds the opportunity to further assess what information may be released and in what timeframe.

The focus of our response is based upon Data Communiqué’s expertise in data creation, aggregation, control, maintenance and dissemination.

Previously, Data Communiqué responded to the Commission’s initiative on interactive data for the mutual fund risk/return summary, which becomes effective in 2010.

Please click here to read our the full text of our response to the Commission. If you would like to discuss our response, or how Data Data Communiqué's solutions are uniquely suited to meeting your needs and challenges, please contact Mike Anstadt at (201) 508-6061 or manstadt@datacom-usa.com.