SEC · other · Published 1997-07-30 · Effective 1997-07-24 · 62 FR 40732
Document
Document number
97-20053
Federal Register citation
62 FR 40732
CFR reference
17 CFR 240
Type
Rule
Action
Revised compliance dates; exemptive order.
Category
other
Agency
US Securities and Exchange Commission
Publication date
1997-07-30
Effective date
1997-07-24
Docket
Release No. 34-38870
Abstract
The Securities and Exchange Commission (``Commission'') is announcing the final phase-in schedule for compliance with Rules 11Ac1- 1(c)(5) (``ECN Amendment'' of the ``Quote Rule'') and 11Ac1-4 (``Limit Order Display Rule'') under the Securities Exchange Act of 1934 (``Exchange Act'') and is providing exemptive relief to accommodate the new schedule. In addition, the Commission is providing temporary exemptive relief from compliance with the 1% requirement of the Quote Rule with respect to non-19c-3 securities.