Commission Guidance Regarding Client Commission Practices Under Section 28(e) of the Securities Exchange Act of 1934
SEC · other · Published 2006-07-24 · Effective 2006-07-24 · 71 FR 41978
Document
Document number
06-6410
Federal Register citation
71 FR 41978
CFR reference
17 CFR 241
Type
Rule
Action
Interpretation; solicitation of comment.
Category
other
Agency
US Securities and Exchange Commission
Publication date
2006-07-24
Effective date
2006-07-24
Docket
Release No. 34-54165
Abstract
The Securities and Exchange Commission is publishing this interpretive release with respect to the scope of "brokerage and research services" and client commission arrangements under Section 28(e) of the Securities Exchange Act of 1934 ("Exchange Act"). The Commission is soliciting further comment on client commission arrangements under Section 28(e).