IN THE UNITED STATES DISTRICT COURT
WESTERN DISTRICT OF ARKANSAS
GENERAL ORDER NO. 2016-2
TRANSFER OF REGISTRY FUNDS TO THE MINORS' FUND
The Court's registry funds are currently pooled together with registry funds from other courts and
invested, via the Court Registry Investment System ("CRIS"), in short-term nonmarketable Government
Account Series ("GAS") securities managed under the Treasury's Bureau of Public Debt's Federal
Investment Program. These short-term GAS securities, each maturing within 100 days or less, are
laddered within the Liquidity Fund to ensure sufficient funds are available to meet the disbursement needs
of participating courts.
The Administrative Office recently established a Minors' Fund within CRIS to invest post-
adjudication deposits held on behalf of minors until their age of majority, which is often longer than 100
days. Specifically, the Minors' Fund continues to feature daily liquidity but will initially be comprised of
a laddered portfolio of one-year securities maturing each month. Thus, the fund improves the match
between investment holdings and the length of time each minor's case remains invested, thereby
capitalizing on higher-yielding securities.
Accordingly, effective September 12, 2016, the Court hereby ORDERS the transfer of registry
funds currently held in CRIS 's Liquidity Fund on behalf of post-adjudicated minor's cases to the Minors'
Fund. It is further ORDERED that as future cases are adjudicated on behalf of minors, the associated
registry deposits be invested via the Minors' Fund.
Dated this f 2-f-1 day of September, 2016.
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P.K. HOLMES, III
CHIEF UNITED STATES DISTRICT JUDGE
US DISTRICT COURT
WESTERN DIST ARKANSAS
FILED
SEP 13 2016
DOUGLAS F. YOUNG, Clerk
By
