Notice2026-21180
Agency Information Collection Activities; Submission for OMB Review; Comment Request; Extension: Rule 30b1-7 and Form N-MFP
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
October 16, 2026
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 91 Issue 199 (Friday, October 16, 2026)</title>
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[Federal Register Volume 91, Number 199 (Friday, October 16, 2026)]
[Notices]
[Pages 65802-65804]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-21180]
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SECURITIES AND EXCHANGE COMMISSION
[OMB Control No. 3235-0657]
Agency Information Collection Activities; Submission for OMB
Review; Comment Request; Extension: Rule 30b1-7 and Form N-MFP
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'') has submitted to the Office of
Management and Budget (OMB) a request for extension of the previously
approved collection of information discussed below.
Section 30(b) of the Investment Company Act of 1940 (``Investment
Company Act'') \1\ provides that ``[e]very registered investment
company shall file with the Commission . . . such information,
documents, and reports (other than financial statements), as the
Commission may require to keep reasonably current the information and
documents contained in the registration statement of such company. . .
.'' \2\ Rule 30b1-7 under the Investment Company Act, entitled
``Monthly Report for Money Market Funds,'' provides that every
registered investment company, or series thereof, that is regulated as
a money market funds under rule 2a-7 \3\ must file with the Commission
a monthly report of portfolio holdings on Form N-MFP \4\ no later than
the fifth
[[Page 65803]]
business day of each month.\5\ Form N-MFP sets forth the specific
disclosure items that money market funds must provide. Filers must
submit this report electronically using the Commission's electronic
filing system (``EDGAR'') in Extensible Markup Language (``XML'').
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\1\ 15 U.S.C. 80a-1 et seq.
\2\ 15 U.S.C. 80a-29(b).
\3\ 17 CFR 270.2a-7.
\4\ 17 CFR 274.201.
\5\ 17 CFR 270.30b1-7.
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Compliance with rule 30b1-7 is mandatory for any fund that holds
itself out as a money market fund in reliance on rule 2a-7. A fund must
comply with the requirement to prepare Form N-MFP to hold itself out to
investors as a money market fund or the equivalent of a money market
fund in reliance on rule 2a-7. The collection of information is
mandatory for money market funds that rely on rule 2a-7. Responses to
the information collections will not be kept confidential. 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.
The following estimates of average burden hours and costs are made
solely for purposes of the Paperwork Reduction Act and are not derived
from a comprehensive or even representative survey or study of the cost
of Commission rules and forms. The respondents to these collections of
information will be money market funds. The Commission estimates there
are 318 money market funds that report information on Form N-MFP.\6\
Cost burden is the cost of goods and services purchased in connection
with complying with the collection of information requirements of rule
30b1-7 and Form N-MFP. The cost burden does not include the internal
hour burdens.
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\6\ The Commission's calculations are based on Form N-MFP
filings as of March 2026.
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The table below summarizes our PRA annual burden estimates
associated with Form N-MFP.
Table 1--Burden Estimates for Form N-MFP
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Annual
Internal burden hours Wage rate Internal external
\1\ time burden cost burden
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Reporting for Money Market Funds......... 132 hours \2\.............. \3\ $459 \4\ $60,588 \5\ $9.288
Estimated Number of Money Market Funds x 318...................... ............ x 318 x 318
\6\.
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Total Estimated Annual Burdens For 41,976 hours............... ............ 19,266,984 2,953,584
Money Market Funds.
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Notes:
1. To calculate the occupational hourly rates used in this release, the Commission uses occupational mean hourly
wage data from the Occupational Employment and Wage Statistics (OEWS) program of the Bureau of Labor
Statistics (BLS) for ``Securities, Commodity Contracts, and Other Financial Investments and Related
Activities'' (NAICS 523)]. See Occupational Employment and Wage Statistics, U.S. BUREAU OF LABOR STATISTICS,
<a href="https://www.bls.gov/oes/">https://www.bls.gov/oes/</a>; see also Standard Occupational Classification, U.S. BUREAU OF LABOR STATISTICS,
<a href="https://www.bls.gov/soc/">https://www.bls.gov/soc/</a> (describing occupational classification system used by BLS); EXEC. OFF. OF THE
PRESIDENT, OFF. OF MGMT. & BUDGET, NORTH AMERICAN INDUSTRY CLASSIFICATION SYSTEM (2022), available at <a href="https://www.census.gov/naics/reference_files_tools/2022_NAICS_Manual.pdf">https://www.census.gov/naics/reference_files_tools/2022_NAICS_Manual.pdf</a> (describing the industry classification
system used by BLS and other agencies). The mean hourly wage for each occupation is adjusted for changes in
the seasonally adjusted employment cost index for private wages and salaries between the data reference period
and when the data are released by BLS. See Employment Cost Index, U.S. BUREAU OF LABOR STATISTICS, <a href="https://www.bls.gov/eci/">https://www.bls.gov/eci/</a>. The adjusted mean hourly wage is then multiplied by a factor that accounts for nonwage costs
borne by employers, such as bonuses, benefits, and overhead. This factor is calculated as an average over the
10 most recently available years of data of the ratio of the Bureau of Economic Analysis's annual gross output
data for NAICS 523 to total annual wages across all occupations for NAICS 523 in the OEWS data. See Gross
Output by Industry, U.S. BUREAU OF ECONOMIC ANALYSIS, <a href="https://www.bea.gov/data/industries/gross-output-by-industry">https://www.bea.gov/data/industries/gross-output-by-industry</a> industry; Occupational Employment and Wage Statistics, U.S. BUREAU OF LABOR STATISTICS, <a href="https://www.bls.gov/oes/">https://www.bls.gov/oes/</a> oes/. The final product is the occupational hourly rate. See generally UPDATED METHODOLOGY FOR CALCULATING
OCCUPATIONAL HOURLY RATES (Dec. 19, 2025), available at <a href="https://www.sec.gov/files/method-occupational-hourly-rates.pdf">https://www.sec.gov/files/method-occupational-hourly-rates.pdf</a>.
2. This estimate is based on the following calculation: (12 monthly filings x 11 internal burden hours) = 132
total annual burden hours.
3. This represents a blended hourly rate of $459 for a Financial Manager ($730 per hour), Accountant and Auditor
($330 per hour), Database Administrator ($375 per hour), and Financial and Investment Analyst ($399 per hour).
The blended hourly rate was calculated as ($730 + $330 + $375 + $399) / 4 = $459, as rounded to the nearest
whole dollar.
4. This represents 132 hours x $459/hour = $60,588.
5. This represents 12 monthly filings x $774 external cost burden per filing (representing 1 hour for a lawyer
($774)) = $9,288.
6. This estimate is based on Form N-MFP filings as of March 2026.
Our change in burden estimates is shown in table 2 below.
Table 2--Change In Burden Estimates for Form N-MFP
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Annual number of responses Annual time burden (hours) Cost burden (dollars)
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Previously Revised Previously Revised Previously Revised
approved estimate Change approved estimate Change approved estimate Change
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4,236 3,816 (420) 46,000 41,976 (4,024 $2,881,428 $2,953,584 $72,156
)
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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.
The public may view and comment on this information collection
request at: <a href="https://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=202607-3235-023">https://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=202607-3235-023</a> or email comment to
<a href="/cdn-cgi/l/email-protection#cd808f95e382808fe382849f8ce39e888e92a9a8bea692a2ababa4aea8bf8da2a0afe3a8a2bde3aaa2bb"><span class="__cf_email__" data-cfemail="db969983f5949699f59492899af5889e9884bfbea8b084b4bdbdb2b8bea99bb4b6b9f5beb4abf5bcb4ad">[email protected]</span></a> within 30 days of the day
after publication of this notice, by November 16, 2026.
[[Page 65804]]
Dated: October 14, 2026.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2026-21180 Filed 10-15-26; 8:45 am]
BILLING CODE 8011-01-P
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