The Securities and Exchange Commission (SEC) announced yesterday its adoption of an interim final temporary rule under the Investment Company Act of 1940 for money market funds participating in the U.S. Treasury’s temporary guaranty program. Specifically, money market funds that commence liquidation under the provisions of the Treasury program will be able to temporarily suspend redemptions of their outstanding shares and postpone the payment of redemption proceeds. All comments on the interim final temporary rule must be received by the SEC within 30 days of the rule’s publication in the Federal Register.