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Goldman Sachs Asset Management Increases Focus on Advanced Compliance with Money Market Fund Rules

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NEW YORK--(BUSINESS WIRE)--Goldman Sachs Asset Management (“GSAM”) today announced a series of further steps to assist clients in preparing for the Securities and Exchange Commission’s (“SEC’s”) money market fund requirements under amended Rule 2a-7, scheduled to go effective in October 2016. This follows GSAM’s announcement in January 2015 stating that its U.S. government money market funds will continue to operate in accordance with the new definition of “government money market fund” establi

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