Securities and Exchange Commission
- [OMB Control No. 3235-0705]
Upon Written Request, Copies Available From: Securities and Exchange Commission, Office of FOIA Services, 100 F Street NE, Washington, DC 20549-2736.
Notice is hereby given that, pursuant to the Paperwork Reduction Act of 1995 (44 U.S.C. § 3501 et seq.), the Securities and Exchange Commission (“SEC” or “Commission”) is soliciting comments on the proposed collection of information discussed below.
A money market fund is required to file Form N-CR if a portfolio security defaults, an affiliate provides financial support to the fund, or the fund experiences a significant decline in its shadow price.[1] In most cases, a money market fund is required to submit a brief summary filing on Form N-CR within one business day of the occurrence of the event, and a follow up filing within four business days that includes a more complete description and information. Compliance with rule 30b1-8 is mandatory for any fund that holds itself out as a money market fund in reliance on rule 2a 7. Responses to the disclosure requirements will not be kept confidential.
The Commission estimates that it will receive, in the aggregate, an average of 1 report per year filed on Form N-CR.[2] Taking into account a blend of legal and financial in-house professionals, as well as the additional burdens associated with the amendments,[3] we estimate that ( printed page 49476) a fund will spend, on average, 10.5 burden hours [4] and time costs of approximately $7,104 [5] for one report. The Commission therefore estimates that the total annual burden for Form N-CR reporting will be 10.5 burden hours and the total annual time cost will be $7,104.[6]
An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a currently valid OMB Control Number.
Written comments are invited on: (a) whether this proposed collection of information is necessary for the proper performance of the functions of the SEC, including whether the information will have practical utility; (b) the accuracy of the SEC's estimate of the burden imposed by the proposed collection of information, including the validity of the methodology and the assumptions used; (c) ways to enhance the quality, utility, and clarity of the information to be collected; and (d) ways to minimize the burden of the collection of information on respondents, including through the use of automated, electronic collection techniques or other forms of information technology.
Please direct your written comments on this 60-Day Collection Notice to Austin Gerig, Director/Chief Data Officer, Securities and Exchange Commission, c/o Tanya Ruttenberg via email to PaperworkReductionAct@sec.gov by October 5, 2026.
Dated: July 30, 2026.
Sherry R. Haywood,
Assistant Secretary.