Final Rule
Amendment to Single Issuer Exemption for Broker-Dealers
Overview
The Commission is adopting an amendment to an exemptive provision in the broker-dealer annual reporting rule under the Securities Exchange Act of 1934 ("Exchange Act'). The exemption provides that a broker-dealer is not required to engage an independent public accountant to certify the broker-dealer's annual reports filed with the Commission if, among other things, the securities business of the broker-dealer has been limited to acting as broker (agent) for a single issuer in soliciting subscriptions for securities of that issuer.
Prior Actions
Proposed Rule (34-84225)
Release Number
34-84225
SEC Issue Date
Sept. 20, 2018
Federal Register Publish Date
Sept. 27, 2018
Document Citation
83 FR 48733
RIN
3235-AM47
Resources
Details
File Number
S7-21-18
Rule Type
Final
Release Number
34-86073
SEC Issue Date
June 10, 2019
Effective Date
August 13, 2019
Federal Register Publish Date
June 14, 2019
Document Citation
84 FR 27708
RIN
3235-AM47