Information about the U.S. Department of the Treasury’s Temporary Guarantee Program for Money Market Funds

On September 29, 2008, the U.S. Department of the Treasury opened its Temporary Guarantee Program for Money Market Funds. Under the Guarantee Program, the Treasury Department will guarantee the share price of participating money market funds that seek to maintain a stable net asset value of $1.00 per share, subject to certain conditions and limitations.

The Guarantee Program provides coverage to shareholders for amounts that they held in participating money market funds as of the close of business on September 19, 2008. Although the program protects the accounts of shareholders, shareholders cannot sign up for the program individually.

The Treasury Department has requested the Commission’s assistance in administering the Guarantee Program. The Commission regulates money market funds under the Investment Company Act of 1940.

On November 20, 2008, the Commission adopted a temporary rule under the Investment Company Act to facilitate the ability of money market funds to participate in the Guarantee Program. To view the rule release, click here.

This webpage provides links to other information regarding the Guarantee Program.

Additional Information for Money Market Funds

• Treasury’s Temporary Guarantee Program for Money Market Funds Homepage

Additional Information for Shareholders of Money Market Funds

• Treasury’s Frequently Asked Questions (FAQs)

If you have additional questions about the Guarantee Program, you can e-mail the Treasury Department at moneymarketfundsguaranteeprogram@do.treas.gov.

If you have additional questions about the regulation of money market funds, you can e-mail the Commission at mmf-treas-guar@sec.gov.

http://www.sec.gov/divisions/investment/mmtempguarantee.htm