Form N-PORT Requirement changeWhat You Need to Know

On December 8th, 2017, the SEC released temporary final rule 30b1-9(T) “that requires funds in larger fund groups to maintain in their records the information that is required to be included in Form N-PORT, in lieu of filing reports with the Commission, until April 2019”. This information will be “subject to examination by the Commission.” Press Release

  1. The information contained in Form N-PORT must still be prepared and compiled starting as of June 2018, but will not need to be created in an XML format and will not need to be filed with the SEC until the March 2019 as of date.
  2. Between June 2018 and March 2019, fund companies will be responsible for storing and maintaining the Form N-PORT information as per general record keeping requirements which will be subject to examination by the Commission.
  3. Liquidity requirements with respect to N-PORT reporting originally required for filing by January 30th 2019 will now be required on April 30th 2019.
  4. This temporary final rule 30b1-9(T) has no impact on the original filing requirements for Form N-CEN.

For more information about the SEC changes, please contact  Janis Shalit at JShalit@AliterIS.com or Keith Totten at KTotten@AliterIS.com.