SEC Extends Fund Liquidity Report Deadline Drama
Published Date: 4/22/2025
Rule
Summary
The SEC is giving funds more time to follow new rules for Form N-PORT by pushing the start date from November 2025 to November 2027. This delay affects open-end funds and helps them get ready without rushing. However, the rules for Form N-CEN stay on track for November 2025, so some deadlines are still coming up fast!
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Form N-PORT Delay to 2027
If you run or manage an open-end fund, the SEC pushed back the start date for the Form N-PORT amendments from November 17, 2025 to November 17, 2027. The delay also covers related amendments to the Investment Company Act rule tied to N-PORT that were published on September 11, 2024, giving funds two extra years to prepare and comply.
Form N-CEN Date Stays 2025
If you file Form N-CEN, the SEC kept the effective and compliance date for the Form N-CEN amendments at November 17, 2025. Filers must be ready to meet those Form N-CEN requirements by that November 17, 2025 deadline.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Take It Personal
Get Your Personalized Policy View
Start a Free Government Policy Watch to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.
Already have an account? Sign in