# Reports To Be Made by Certain Brokers and Dealers
> **US Securities and Exchange Commission** · Final rule. · Published 1998-11-03 · Effective 1999-01-04 · 63 FR 59208
## Document
- **Document number:** 98-29343
- **Category:** final-rule
- **Agency:** US Securities and Exchange Commission
- **Federal Register citation:** 63 FR 59208
- **CFR reference:** 17 CFR 240
- **Publication date:** 1998-11-03
- **Effective date:** 1999-01-04
- **Docket:** Release No. 34-40608
## Abstract

The Securities and Exchange Commission (``Commission'') is amending Rule 17a-5 under the Securities Exchange Act of 1934 (``Exchange Act'') to require certain broker-dealers to file with the Commission and their designated examining authorities (``DEA'') a report prepared by an independent public accountant regarding the broker-dealer's process for preparing for the Year 2000. The report will provide valuable information on the existence and sufficiency of a broker-dealer's process for addressing Year 2000 Problems; provide an independent verification of the accuracy of the information contained in the broker-dealer's second Form BD-Y2K; aid the Commission in obtaining a more complete understanding of the industry's overall Year 2000 preparations; and identify firm-specific and industry-wide problems. The independent public accountant's report will be available to the public.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/1998/11/03/98-29343/reports-to-be-made-by-certain-brokers-and-dealers)
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