SEC Extends Effective and Compliance Dates for Amendments to Investment Company Reporting Requirements

Who may be interested: Registered Investment Companies; Registered Investment Advisers; Compliance Officers

Quick Take: The SEC announced a two-year extension to the effective and compliance dates for rule amendments adopted in August 2024 that increased the frequency of reports registered funds must provide to the SEC and to the public via Form N-PORT.

The SEC has delayed the effective date of the amendments to the Form N-PORT reporting requirements to November 17, 2027, two years after the original effective date of the amendments. Additionally, the compliance date for registered funds to comply with these amendments has been delayed two years from the initial date. For larger fund groups, the new compliance date is November 17, 2027. For smaller fund groups, the new compliance date is May 18, 2028.

The updated final rule can be found here.