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Temporary Rule Regarding Principal Trades With Certain Advisory Clients

SEC · final-rule · Published 2009-12-30 · Effective 2009-12-30 · 74 FR 69009

Document

Document number
E9-30877
Federal Register citation
74 FR 69009
CFR reference
17 CFR 275
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US Securities and Exchange Commission
Publication date
2009-12-30
Effective date
2009-12-30
Docket
Release No. IA-2965

Abstract

The Securities and Exchange Commission is adopting as final Rule 206(3)-3T under the Investment Advisers Act of 1940, the interim final temporary rule that establishes an alternative means for investment advisers who are registered with the Commission as broker- dealers to meet the requirements of Section 206(3) of the Investment Advisers Act when they act in a principal capacity in transactions with certain of their advisory clients. As adopted, the only change to the rule is the expiration date. Rule 206(3)-3T will sunset on December 31, 2010.

Source

Authoritative
Federal Register document
Machine
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