Final Rule
Removal of Certain References to Credit Ratings Under the Securities Exchange Act of 1934
Overview
The Securities and Exchange Commission (the "Commission') is adopting amendments that remove references to credit ratings in certain rules and one form under the Securities Exchange Act of 1934 (the "Exchange Act') relating to broker-dealer financial responsibility and confirmations of securities transactions. This action implements a provision of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act').
Prior Actions
Proposed Rule (34-64352)
Release Number
34-64352
SEC Issue Date
April 27, 2011
Federal Register Publish Date
May 6, 2011
Document Citation
76 FR 26549
RIN
3235-AL14
Resources
Details
File Number
S7-15-11
Rule Type
Final
Release Number
34-71194
SEC Issue Date
Dec. 27, 2013
Effective Date
July 7, 2014
Federal Register Publish Date
Jan. 8, 2014
Document Citation
79 FR 1521
RIN
3235-AL14