# Amendments to the Penny Stock Rules
> **US Securities and Exchange Commission** · Final rule; corrections. · Published 2005-08-09 · Effective 2005-09-12 · 70 FR 46089
## Document
- **Document number:** 05-15681
- **Category:** final-rule
- **Agency:** US Securities and Exchange Commission
- **Federal Register citation:** 70 FR 46089
- **CFR reference:** 17 CFR 240
- **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
- [Federal Register document](https://www.federalregister.gov/documents/2005/08/09/05-15681/amendments-to-the-penny-stock-rules)
---
*AI Analytics · CC0 1.0*