Principal Trades with Certain Advisory Clients
Overview
The Securities and Exchange Commission is amending rule 206(3)-3T under the Investment Advisers Act of 1940, a 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. The amendment extends the date on which rule 206(3)- 3T will sunset from December 31, 2010 to December 31, 2012.
Prior Actions
Final Rule (IA-2653)
72 FR 55022
Final Rule (IA-3128)
75 FR 82236
Final Rule (IA-2965A)
75 FR 742
The amendments are effective December 31, 2009, and the expiration date for 17 CFR 275.206(3)-3T is now December 31, 2010. This is a technical correction only for purposes of Federal Register publication to provide clearly that final Rule 206(3)-3T remains in effect through December 31, 2010, consistent with Release No. IA-2965. See also: Final Rule Release No. IA-2965 ; Interim Final Temporary Rule Release No. IA-2653 ; Small Entity Compliance Guide ; Letter to SIFMA regarding expiration of rule 206(3)-3T Federal Register version
Final Rule (IA-3522)
77 FR 76854
Final Rule (IA-3984)
79 FR 76880
Interim Final Rule (IA-2653)
72 FR 55022
Proposed Rule (IA-3118)
75 FR 75650
Proposed Rule (IA-3483)
77 FR 62185
Proposed Rule (IA-3893)
79 FR 48709
Resources
Details
December 30, 2009
74 FR 69009