E9-31420. Temporary Rule Regarding Principal Trades With Certain Advisory Clients  

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    AGENCY:

    Securities and Exchange Commission.

    ACTION:

    Final rule; correction.

    SUMMARY:

    On December 30, 2009, the Securities and Exchange Commission published a Federal Register document 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 was the expiration date in paragraph (d) of the section. Rule 206(3)-3T will sunset on December 31, 2010. This document makes a correction to that document.

    DATES:

    Effective December 31, 2009. The DATES section for FR Doc. 2009-30877, published on December 30, 2009 (74 FR 69009) is corrected to read “DATES: The amendments in this document are effective December 30, 2009 and the expiration date for 17 CFR 275.206(3)-3T is extended to December 31, 2010”.

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    FOR FURTHER INFORMATION CONTACT:

    Sarah A. Bessin, Assistant Director, Daniel S. Kahl, Branch Chief, or Matthew N. Goldin, Senior Counsel, at (202) 551-6787 or IArules@sec.gov, Office of Investment Adviser Regulation, Division of Investment Management, Securities and Exchange Commission, 100 F Street, NE., Washington, DC 20549-5041.

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    SUPPLEMENTARY INFORMATION:

    The Securities and Exchange Commission is correcting the DATES section for FR Doc. 2009-30877, published on December 30, 2009 (74 FR 69009), to read “DATES: The amendments in this document are effective December 20, 2009 and the expiration date for 17 CFR 275.206(3)-3T is extended to December 31, 2010.”

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    By the Commission.

    Dated: December 31, 2009.

    Elizabeth M. Murphy,

    Secretary.

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    [FR Doc. E9-31420 Filed 12-31-09; 4:15 pm]

    BILLING CODE 8011-01-P

Document Information

Comments Received:
0 Comments
Effective Date:
12/31/2009
Published:
01/06/2010
Department:
Securities and Exchange Commission
Entry Type:
Rule
Action:
Final rule; correction.
Document Number:
E9-31420
Dates:
Effective December 31, 2009. The DATES section for FR Doc. 2009- 30877, published on December 30, 2009 (74 FR 69009) is corrected to
Pages:
742-743 (2 pages)
Docket Numbers:
Release No. IA-2965A, File No. S7-23-07
RINs:
3235-AJ96: Temporary Rule Regarding Principal Trades With Certain Advisory Clients
RIN Links:
https://www.federalregister.gov/regulations/3235-AJ96/temporary-rule-regarding-principal-trades-with-certain-advisory-clients
PDF File:
e9-31420.pdf
CFR: (1)
17 CFR 275