Overview

The Commission is adopting amendments to rules and forms under the Securities Act of 1933 and the Investment Company Act of 1940 that govern money market funds. Technical amendments to rule 2a-7 under the Investment Company Act of 1940, the rule regulating money market funds, among other things, revise terminology used in the rule to reflect common market usage and resolve certain interpretive issues under the rule. Amendments to the advertising rules applicable to money market funds, among other things, clarify the formula used by money market funds to calculate yield.

Prior Actions

Proposed Rule (33-7371)

Resources

Final Rule: Federal Register Version
is available

Details

Rule Type
Final
Release Number 33-7479 33-7371
SEC Issue Date Dec. 2, 1997
Effective Date

Feb. 10, 1998

Federal Register Publish Date
Dec. 9, 1997
Document Citation

62 FR 64968

RIN 3235-AE17
Notes

Additional material (the illustration \"'Look-Through' to Secondary ABSs Under the Rule's ABS Issuer Diversification Standards\") is available