Press release from the issuing company
CHICAGO - R. R. Donnelley & Sons Company announced today that it successfully submitted a test filing of the Form N-MFP1 with the U.S. Securities and Exchange Commission (SEC). RR Donnelley, the largest money market fund filer by volume as reported by the SEC, created and filed the Form N-MFP1 test filing using their ArcFiling Form N-MFP content management application. The Form N-MFP1 will replace the Form N-MFP as part of the money market fund reform rules that the SEC passed in 2014.
"Filing Form N-MFP1 with the SEC so early in the process demonstrates our relentless focus on regulatory change and its impact on our clients and underscores our leadership in the space," said Eric Johnson, Executive Vice President of Global Investment Markets at RR Donnelley.
Brian Lynch, RR Donnelley's Vice President Content Management, elaborated, "We have enhanced the ArcFiling Form N-MFP module to meet the SEC's new requirements including the ability to load the new data fields, create the updated Form N-MFP1 XML and produce an updated report to review the filing prior to directly submitting to the SEC. The success of this filing shows RR Donnelley will be ready months ahead of the April 14, 2016 deadline to allow clients to test and prepare."
ArcFiling is part of RR Donnelley's FundSuiteArc® online content management platform, which enables clients to store and manage information in a central repository so compliance and regulatory documents can be easily and efficiently accessed, edited, translated and rendered. The system focuses on automating and improving the end-to-end process of creating and updating fund documents.
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