Home / Agencies / SEC / 2025-06861
Final Rule

Form N-PORT and Form N-CEN Reporting; Guidance on Open-End Fund Liquidity Risk Management Programs; Delay of Effective and Compliance Dates

Agency
Document Number
2025-06861
Published
April 22, 2025
Effective Date
November 17, 2027

Abstract

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.

Federal Register Source

This document is published by the Office of the Federal Register, National Archives and Records Administration. Access the full regulatory text, preamble, and docket comments below.

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Frequently Asked Questions

What is the 2025-06861 Federal Register document?
Document 2025-06861 is a Final Rule published by the Securities and Exchange Commission in the Federal Register on April 22, 2025, with an effective date of November 17, 2027. 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. View the original at https://www.federalregister.gov/documents/2025/04/22/2025-06861/form-n-port-and-form-n-cen-reporting-guidance-on-open-end-fund-liquidity-risk-management-programs.
Is document 2025-06861 an economically significant rule?
No. Document 2025-06861 is not classified as economically significant under Executive Order 12866. Economically significant rules require OIRA review and are estimated to have impacts of $100 million or more per year.
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