⏳SEC Delays Effective Dates for Form N-PORT and N-CEN Compliance
Form N-PORT and Form N-CEN Reporting; Guidance on Open-End Fund Liquidity Risk Management Programs; Delay of Effective and Compliance Dates
Summary
The Securities and Exchange Commission ("Commission") is delaying the effective date for the amendments to Form N-PORT that were published on September 11, 2024, from November 17, 2025, to November 17, 2027. The Commission is also delaying the effective date of the amendments to the rule under the Investment Company Act of 1940 ("Investment Company Act") associated with Form N-PORT reporting requirements. In addition, the Commission is delaying the compliance dates for these amendments related to Form N-PORT reporting requirements. The effective and compliance date for the amendments to Form N-CEN contained in the same release published on September 11, 2024, will remain November 17, 2025.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The SEC's delay in effective and compliance dates for Forms N-PORT and N-CEN affects financial reporting requirements for registered investment companies. This impacts compliance obligations and operational strategies, especially for funds with significant assets. Business adjustments may be necessary, thus implicating regulatory compliance and operational planning.