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Amendments to the Penny Stock Rules

SEC · final-rule · Published 2005-08-09 · Effective 2005-09-12 · 70 FR 46089

Document

Document number
05-15681
Federal Register citation
70 FR 46089
CFR reference
17 CFR 240
Type
Rule
Action
Final rule; corrections.
Category
final-rule
Agency
US Securities and Exchange Commission
Publication date
2005-08-09
Effective date
2005-09-12
Docket
Release No. 34-51983A

Abstract

In Release No. 34-51983, the Securities and Exchange Commission issued amendments concerning the "penny stock rules" under the Securities Exchange Act of 1934, which appeared in the Federal Register of July 13, 2005 (70 FR 40614). In Release No. 34-51808, the Commission issued Regulation NMS, which appeared in the Federal Register of June 29, 2005 (70 FR 37496), and which, among other things, made technical amendments to the definition of penny stock. Since the effective date of Regulation NMS predates that of the amendments to the penny stock rules, the Commission is making technical corrections to the amendments to the penny stock rules to conform to the changes made in connection with Regulation NMS.

Source

Authoritative
Federal Register document
Machine
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