DEFA14A
PROXY STATEMENT PURSUANT TO SECTION 14 (a)
OF THE SECURITIES EXCHANGE ACT OF 1934
Filed by the Registrant [X]
Filed by a Party other than the [_]
Registrant
Check the appropriate box:
[_] Preliminary Proxy Statement
[_] Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
[_ ] Definitive Proxy Statement
[X] Definitive Additional Materials
[_] Soliciting Materials under Rule 14a-12
General Government Securities Money Market Funds, Inc.
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (check the appropriate box):
[X] No fee required.
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.
(1) title of each class of securities to which transaction applies:
(2) Aggregate number of securities to which transaction applies:
(3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11:
(4) Proposed maximum aggregate value of transaction:
(5) Total Fee Paid:
[_] Fee paid previously with preliminary materials.
[_] Check box if any part of the fee is offset as provided by Exchange Act Rule 0- 11(a)(2) and identify the filing for which the offsetting fee was paid previously.
Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.
(1) Amount Previously Paid:
(2) Form, Schedule or Registration Statement No.:
(3) Filing Party:
(4) Date Filed:
GENERAL TREASURY SECURITIES MONEY MARKET FUND
c/o BNY Mellon Investment Adviser, Inc.
240 Greenwich Street
New York, NY 10286
We have identified you as a shareholder of General Treasury Securities Money Market Fund (the “Fund”), a Dreyfus money market fund used by your broker (serviced by Pershing LLC) as the product in which to invest uninvested funds held in your brokerage account.
WE NEED YOUR HELP
You recently were sent proxy materials asking you to vote on an Agreement and Plan of Reorganization, providing for the transfer of all of the Fund's assets to Dreyfus Treasury Cash Management (the “Acquiring Fund”) in exchange solely for the relevant class of shares of the Acquiring Fund and the assumption by the Acquiring Fund of the Fund’s stated liabilities, in a tax-free reorganization. This proposal was presented at the Fund's Special Shareholder Meeting held on February 24, 2021; however, the Fund did not receive enough shareholder participation to formally approve or disapprove the proposal.
With that being said, the meeting has been adjourned to March 25, 2021 at 10:00 am eastern time to solicit further participation from shareholders who have not yet voted on this matter. At the March 25th meeting, you will have the opportunity to vote on the proposed reorganization.
RATIONALE AND BENEFITS OF THE PROPOSED MERGER
| 1. | The Acquiring Fund is substantially larger than the Fund |
| 2. | The Acquiring Fund has a lower total annual expense ratio than the Fund |
| 3. | Each fund has the same investment objective and substantially similar investment management policies |
| 4. | The funds have comparable performance records |
| 5. | The Acquiring Fund offers the same shareholder privileges as the Fund |
For more details on the proposed reorganization, including the risks associated with investments in the funds, please refer to the Prospectus/Proxy Statement. You may obtain another copy of the document by contacting us at 1-(800) 817-5468 or by visiting https://vote.proxyonline.com/BNYmellon/XXXXX
We greatly appreciate your consideration and investment with the BNY Mellon Family of Funds.
[__signatory and title____]
See reverse side for voting instructions >
WHAT DO WE NEED FROM YOU?
While the reorganization offers many potential benefits to Fund shareholders, the reorganization cannot be implemented without obtaining the required authorization from Fund shareholders. Accordingly, your vote is crucial. Below you will find options to vote quickly and easily.
We have already received a highly favorable response; however, the Fund has not received the necessary votes to meet the vote requirement. Unless a sufficient number of votes are obtained, the reorganization cannot take place.
AT THIS POINT, WE HAVE NOT RECEIVED YOUR VOTE AND WOULD GREATLY APPRECIATE YOU ACTING ON THIS MATTER TODAY. Please take a moment to review the Prospectus/Proxy Statement and vote using one of the convenient methods described below. For further information about the proposed reorganization or how to vote, you can reach AST, the Fund's proxy solicitor, at 1 (800) 817-5468.
