Your World of Legal Intelligence
 United States | 1-800-335-6202

Regulatory Agenda:

As Enacted ( Federal Register) Cited authorities 18 Cited in Related
Vincent

December 20, 2010 (Volume 75, Number 243)

Unified Agenda

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

DOCID:ua20de10_024-1

Page 79938-79940

SECURITIES AND EXCHANGE COMMISSION (SEC)

Part XXIV

Securities and Exchange Commission

Semiannual Regulatory Agenda

Page 79938

SECURITIES AND EXCHANGE COMMISSION 17 CFR Ch. II

Release Nos. 33-9141, 34-62881, IA-3081, IC-29414, File No. S7-21-10

Regulatory Flexibility Agenda

AGENCY: Securities and Exchange Commission.

ACTION: Semiannual regulatory agenda.

SUMMARY: The Securities and Exchange Commission is publishing an agenda of its rulemaking actions pursuant to the Regulatory Flexibility Act

(RFA) (Pub. L. No. 96-354, 94 Stat. 1164) (Sep. 19, 1980). Information in the agenda was accurate on September 10, 2010, the day on which the

Commission's staff completed compilation of the data. To the extent possible, rulemaking actions by the Commission since that date have been reflected in the agenda. The Commission invites questions and public comment on the agenda and on the individual agenda entries.

The Commission is now printing in the Federal Register, along with our preamble, only those agenda entries for which we have indicated that preparation of a Regulatory Flexibility Act analysis is required.

The Commission's complete RFA agenda will be available online at www.reginfo.gov.

DATES: Comments should be received on or before December 30, 2010.

ADDRESSES: Comments may be submitted by any of the following methods:

Electronic comments:

Use the Commission's Internet comment form (http:// www.sec.gov/rules/other.shtml); or

Send an e-mail to rule-comments@sec.gov. Please include File

Number S7-21-10 on the subject line; or

Use the Federal eRulemaking Portal (http:// www.regulations.gov). Follow the instructions for submitting comments.

Paper comments:

Send paper comments in triplicate to Elizabeth M. Murphy,

Secretary, Securities and Exchange Commission, 100 F Street NE.,

Washington, DC 20549-1090.

All submissions should refer to File No. S7-21-10. This file number should be included on the subject line if e-mail is used. To help us process and review your comments more efficiently, please use only one method. The Commission will post all comments on the

Commission's Internet website (http://www.sec.gov/rules/ other.shtml). Comments are also available for website viewing and printing in the Commission's Public Reference Room, 100 F Street

NE., Washington, DC 20549, on official business days between the hours of 10:00 a.m. and 3:00 p.m. All comments received will be posted without change; we do not edit personal identifying information from submissions. You should submit only information that you wish to make available publicly.

FOR FURTHER INFORMATION CONTACT: Anne Sullivan, Office of the General

Counsel, 202-551-5019.

SUPPLEMENTARY INFORMATION: The RFA requires each Federal agency, during

April and October of each year, to publish in the Federal Register an agenda identifying rules that the agency expects to consider in the next 12 months that are likely to have a significant economic impact on a substantial number of small entities (5 U.S.C. 602(a)). The RFA specifically provides that publication of the agenda does not preclude an agency from considering or acting on any matter not included in the agenda and that an agency is not required to consider or act on any matter that is included in the agenda (5 U.S.C. 602(d)). Actions that do not have an estimated date are placed in the long-term category; the

Commission may nevertheless act on items in that category within the next 12 months. The agenda includes new entries, entries carried over from prior publications, and rulemaking actions that have been completed (or withdrawn) since publication of the last agenda.

The following abbreviations for the acts administered by the

Commission are used in the agenda:

``Securities Act''--Securities Act of 1933

``Exchange Act''--Securities Exchange Act of 1934

``Investment Company Act''--Investment Company Act of 1940

``Investment Advisers Act''--Investment Advisers Act of 1940

The Commission invites public comment on the agenda and on the individual agenda entries.

By the Commission.

Dated: September 10, 2010.

Elizabeth M. Murphy,

Secretary.

DIVISION OF CORPORATION FINANCE--Proposed Rule Stage

Regulation

Sequence

Title

Identifier

Number

Number

611

Voluntary Filers...................................................................... 3235-AK59 612

Risk Disclosures...................................................................... 3235-AK58

DIVISION OF CORPORATION FINANCE--Final Rule Stage

Regulation

Sequence

Title

Identifier

Number

Number

613

Proxy Solicitation Enhancements....................................................... 3235-AK28

Page 79939

614

Shareholder Approval of Executive Compensation and Golden Parachute Compensation...... 3235-AK68

DIVISION OF CORPORATION FINANCE--Completed Actions

Regulation

Sequence

Title

Identifier

Number

Number

615

Facilitating Shareholder Director Nominations......................................... 3235-AK27 616

Revisions to Regulation D............................................................. 3235-AK52

DIVISION OF INVESTMENT MANAGEMENT--Final Rule Stage

Regulation

Sequence

Title

Identifier

Number

Number

617

Temporary Rule Regarding Principal Trades With Certain Advisory Clients............... 3235-AJ96

DIVISION OF INVESTMENT MANAGEMENT--Completed Actions

Regulation

Sequence

Title

Identifier

Number

Number

618

Amendments to Form ADV................................................................ 3235-AI17 619

Political Contributions by Certain Investment Advisers................................ 3235-AK39 620

Indexed Annuities and Certain Other Insurance Contracts............................... 3235-AK49

DIVISION OF TRADING AND MARKETS--Proposed Rule Stage

Regulation

Sequence

Title

Identifier

Number

Number

621

Amendments to Rule 17a-5.............................................................. 3235-AK56 622

Publication or Submission of Quotations Without Specified Information................. 3235-AH40

DIVISION OF TRADING AND MARKETS--Final Rule Stage

Regulation

Sequence

Title

Identifier

Number

Number

623

Transitional Registration as a Municipal Advisor...................................... 3235-AK69 624

Consolidated Audit Trail.............................................................. 3235-AK51 625

Proposed Rules for Nationally Recognized Statistical Rating Organizations............. 3235-AK14

DIVISION OF TRADING AND MARKETS--Long-Term Actions

Regulation

Sequence

Title

Identifier

Number

Number

626

Confirmation of Transactions in Open-End Management Investment Company Shares, Unit

3235-AJ11

Investment Trust Interests, and Municipal Fund Securities Used for Education Savings.. 627

Point-of-Sale Disclosure of Purchases in Open-End Management Investment Company

3235-AJ12

Shares, Unit Investment Trust Interests, and Municipal Fund Securities Used for

Education Savings..................................................................... 628

Rule 15c-100: Schedule 15C............................................................ 3235-AJ13

Page 79940

629

Rule 15c-101: Schedule 15D............................................................ 3235-AJ14 630

Processing of Reorganization Events, Tender Offers, and Exchange Offers............... 3235-AH53

DIVISION OF TRADING AND MARKETS--Completed Actions

Regulation

Sequence

Title

Identifier

Number

Number

631

Amendment to Municipal Securities Disclosure.......................................... 3235-AJ66

December 20, 2010 (Volume 75, Number 243)

Unified Agenda

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

DOCID:ua20de10_024-2

Page 79940

Securities and Exchange Commission (SEC)

Proposed Rule Stage

Division of Corporation Finance

  1. VOLUNTARY FILERS

    Legal Authority: Not Yet Determined

    Abstract: The Division is considering recommending that the Commission propose amendments to require registrants who do not have a filing obligation under the Exchange Act to file any reports with the

    Commission in compliance with Commission rules.

    Timetable:

    Action

    Date

    FR Cite

    NPRM

    09/00/11

    Regulatory Flexibility Analysis Required: Yes

    Agency Contact: Sean Harrison, Division of Corporation Finance,

    Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549

    Phone: 202 551-3430

    RIN: 3235-AK59

    December 20, 2010 (Volume 75, Number 243)

    Unified Agenda

    From the Federal Register Online via GPO Access [wais.access.gpo.gov]

    DOCID:ua20de10_024-3

    Page 79940

    Securities and Exchange Commission (SEC)

    Proposed Rule Stage

    Division of Corporation Finance

  2. RISK DISCLOSURES

    Legal Authority: Not Yet Determined

    Abstract: The Division is considering recommending that the Commission propose amendments to its rules and forms to consolidate and enhance the risk disclosures provided by registrants.

    Timetable:

    Action

    Date

    FR Cite

    NPRM

    07/00/11

    Regulatory Flexibility Analysis Required: Yes

    Agency Contact: Jennifer Zepralka, Division of Corporation Finance,

    Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549

    Phone: 202 551-3430

    RIN: 3235-AK58

    December 20, 2010 (Volume 75, Number 243)

    Unified Agenda

    From the Federal Register Online via GPO Access [wais.access.gpo.gov]

    DOCID:ua20de10_024-4

    Page 79940

    Securities and Exchange Commission (SEC)

    Final Rule Stage

    Division of Corporation Finance

  3. PROXY SOLICITATION ENHANCEMENTS

    Legal Authority: 15 USC 78n

    Abstract: The Commission adopted amendments in December 2009 to enhance proxy disclosures. In the proposing release for those rules, the

    Commission also proposed further amendments to its proxy rules to clarify the manner in which they operate and address issues that have arisen in the proxy solicitation process. The Division is considering recommending that the Commission adopt amendments relating to the outstanding proposals.

    Timetable:

    Action

    Date

    FR Cite

    NPRM

    07/17/09

    74 FR 35076

    NPRM Comment Period End

    09/15/09

    Final Action

    12/23/09

    74 FR 68334

    Final Action Effective

    02/28/10

    Final Action

    11/00/11

    Regulatory Flexibility Analysis Required: Yes

    Agency Contact: Mark W. Green, Division of Corporation Finance,

    Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549-0301

    Phone: 202 551-3440

    Email: greenm@sec.gov

    RIN: 3235-AK28

    December 20, 2010 (Volume 75, Number 243)

    Unified Agenda

    From the Federal Register Online via GPO Access [wais.access.gpo.gov]

    DOCID:ua20de10_024-5

    Page 79940-79941

    Securities and Exchange Commission (SEC)

    Final Rule Stage

    Division of Corporation Finance

  4. SHAREHOLDER APPROVAL OF EXECUTIVE COMPENSATION

    AND GOLDEN PARACHUTE COMPENSATION

    Legal Authority: PL 111-203 sec 951; 15 USC 78c(b); 15 USC 78m; 15 USC 78n; 15 USC 78w(a); 15 USC 78mm

    Abstract: The Commission proposed revisions to the proxy rules to implement section 951 of the Dodd-Frank Wall Street Reform and Consumer

    Protection Act, which requires issuers to conduct a separate shareholder advisory vote: (1) To approve the compensation of executives; (2) to determine how often they will conduct such votes; and (3) to approve golden parachute compensation arrangements when

    Page 79941

    issuers are soliciting votes to approve merger or acquisition transactions.

    Timetable:

    Action

    Date

    FR Cite

    NPRM

    10/28/10

    75 FR 66590

    NPRM Comment Period End

    11/18/10

    Final Action

    01/00/11

    Regulatory Flexibility Analysis Required: Yes

    Agency Contact: Scott Hodgdon, Division of Corporation Finance,

    Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549

    Phone: 202 551-3430

    RIN: 3235-AK68

    December 20, 2010 (Volume 75, Number 243)

    Unified Agenda

    From the Federal Register Online via GPO Access [wais.access.gpo.gov]

    DOCID:ua20de10_024-6

    Page 79941

    Securities and Exchange Commission (SEC)

    Completed Actions

    Division of Corporation Finance

  5. FACILITATING SHAREHOLDER DIRECTOR NOMINATIONS

    Legal Authority: 15 USC 78c(b); 15 USC 78m; 15 USC 78n; 15 USC 78o; 15

    USC 78w(a); 15 USC 78mm; 15 USC 80a-10; 15 USC 80a-20(a); 15 USC 80a-37

    Abstract: The Commission adopted amendments to the proxy and related rules to enable long-term shareholders with significant holdings to include nominees to the board of directors in company proxy materials.

    Timetable:

    Action

    Date

    FR Cite

    NPRM

    06/18/09

    74 FR 29024

    NPRM Comment Period End

    08/17/09

    Comment Period Extended

    12/18/09

    74 FR 67145

    Comment Period End

    02/16/10

    Final Action

    09/16/10

    75 FR 56668

    Final Action Effective

    11/15/10

    Regulatory Flexibility Analysis Required: Yes

    Agency Contact: Lillian C. Brown, Division of Corporation Finance,

    Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549

    Phone: 202 551-3430

    RIN: 3235-AK27

    December 20, 2010 (Volume 75, Number 243)

    Unified Agenda

    From the Federal Register Online via GPO Access [wais.access.gpo.gov]

    DOCID:ua20de10_024-7

    Page 79941

    Securities and Exchange Commission (SEC)

    Completed Actions

    Division of Corporation Finance

  6. REVISIONS TO REGULATION D

    Legal Authority: 15 USC 77b(a)(15); 15 USC 77b(b); 15 USC 77d; 15 USC 77r; 15 USC 77s; 15 USC 77s(a); 15 USC 77z-3

    Abstract: The Commission is withdrawing this rulemaking because the

    Dodd-Frank Wall Street Reform and Consumer Protection Act requires rulemaking in this area. The Division is considering recommending action to the Commission that complies with the statutory requirements.

    Timetable:

    Action

    Date

    FR Cite

    Withdrawn

    10/01/10

    Regulatory Flexibility Analysis Required: Yes

    Agency Contact: Anthony G. Barone, Division of Corporation Finance,

    Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549

    Phone: 202 551-3460

    RIN: 3235-AK52

    December 20, 2010 (Volume 75, Number 243)

    Unified Agenda

    From the Federal Register Online via GPO Access [wais.access.gpo.gov]

    DOCID:ua20de10_024-8

    Page 79941

    Securities and Exchange Commission (SEC)

    Final Rule Stage

    Division of Investment Management

  7. TEMPORARY RULE REGARDING PRINCIPAL TRADES WITH CERTAIN ADVISORY

    CLIENTS

    Legal Authority: 15 USC 80b-6a; 15 USC 80b-11(a)

    Abstract: The Division is considering recommending that the Commission propose an amendment to extend the sunset date of Rule 206(3)-3T, a rule that provides investment advisers who are also registered broker- dealers an alternative means of compliance with the principal trading restrictions in Section 206(3) of the Investment Advisers Act.

    Timetable:

    Action

    Date

    FR Cite

    Interim Final Rule

    09/28/07

    72 FR 55022

    Interim Final Rule Effective 09/30/07

    Interim Final Rule Comment

    Period End

    11/30/07

    Interim Final Rule Extension 12/30/09

    74 FR 690009

    Interim Final Rule Effective 12/30/09

    Interim Final Rule Extension 12/00/10

    Regulatory Flexibility Analysis Required: Yes

    Agency Contact: Matthew Goldin, Division of Investment Management,

    Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549

    Phone: 202 551-6726

    Fax: 202 772-9284

    Email: goldinm@sec.gov

    RIN: 3235-AJ96

    December 20, 2010 (Volume 75, Number 243)

    Unified Agenda

    From the Federal Register Online via GPO Access [wais.access.gpo.gov]

    DOCID:ua20de10_024-9

    Page 79941-79942

    Securities and Exchange Commission (SEC)

    Completed Actions

    Division of Investment Management

  8. AMENDMENTS TO FORM ADV

    Legal Authority: 15 USC 80b-4, 80b-6(4), 80b-ll(a), 80b-3(c)(1); 15 USC 77s(a); 15 USC 78(wa), 78bb(e)(2); 15 USC 77sss(a); 15 USC 78a-37(a)

    Abstract: The Commission adopted amendments to Form ADV part 2 to require registered investment advisers to deliver to clients and prospective

    Page 79942

    clients a brochure written in plain English.

    The amendments are designed to require advisers to provide clients and prospective clients with clear, current, and more meaningful disclosure of the business practices, conflicts of interest, and background of investment advisers and their advisory personnel. Advisers will file their brochures with the Commission electronically, and the brochures will be available to the public through the Commission's Web site.

    Timetable:

    Action

    Date

    FR Cite

    NPRM

    04/17/00

    65 FR 20524

    NPRM Comment Period End

    06/03/00

    Second NPRM

    03/14/08

    73 FR 13958

    Second NPRM Comment Period End 05/16/08

    Final Action

    08/12/10

    75 FR 49234

    Final Action Effective

    10/12/10

    Regulatory Flexibility Analysis Required: Yes

    Agency Contact: Vivien Liu, Division of Investment Management,

    Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549

    Phone: 202 551-6728

    Email: liuy@sec.gov

    RIN: 3235-AI17

    December 20, 2010 (Volume 75, Number 243)

    Unified Agenda

    From the Federal Register Online via GPO Access [wais.access.gpo.gov]

    DOCID:ua20de10_024-10

    Page 79942

    Securities and Exchange Commission (SEC)

    Completed Actions

    Division of Investment Management

  9. POLITICAL CONTRIBUTIONS BY CERTAIN INVESTMENT ADVISERS

    Legal Authority: 15 USC 80b-6(4); 15 USC 80b-11; 15 USC 80b-4

    Abstract: The Commission adopted a new rule under the Investment

    Advisers Act that prohibits an investment adviser from providing advisory services for compensation to a government client for two years after the adviser or certain of its executives or employees make a contribution to certain elected officials or candidates.

    Timetable:

    Action

    Date

    FR Cite

    NPRM

    08/07/09

    74 FR 39840

    NPRM Comment Period End

    10/06/09

    Final Action

    07/14/10

    75 FR 41018

    Final Action Effective

    09/13/10

    Regulatory Flexibility Analysis Required: Yes

    Agency Contact: Melissa Roverts, Division of Investment Management,

    Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549

    Phone: 202 551-6722

    Fax: 202 772-2934

    Email: rovertsm@sec.gov

    RIN: 3235-AK39

    December 20, 2010 (Volume 75, Number 243)

    Unified Agenda

    From the Federal Register Online via GPO Access [wais.access.gpo.gov]

    DOCID:ua20de10_024-11

    Page 79942

    Securities and Exchange Commission (SEC)

    Completed Actions

    Division of Investment Management

  10. INDEXED ANNUITIES AND CERTAIN OTHER INSURANCE CONTRACTS

    Legal Authority: 15 USC 77c(a)(8); 15 USC 77s(a); 15 USC 78l(h); 15 USC 78o; 15 USC 78w(a); 15 USC 78mm

    Abstract: On January 8, 2009, the Commission issued a release adopting

    Rule 151A under the Securities Act. Rule 151A defines the terms

    ``annuity contract'' and ``optional annuity contract'' under the

    Securities Act. The rule was intended to clarify the status under the federal securities laws of indexed annuities, under which payments to the purchaser are dependent on the performance of a securities index.

    On July 12, 2010, a Federal appeals court issued an order vacating rule 151A. The Commission issued a release withdrawing Rule 151A.

    Timetable:

    Action

    Date

    FR Cite

    Withdrawn

    10/01/10

    Regulatory Flexibility Analysis Required: Yes

    Agency Contact: Michael Kosoff, Division of Investment Management,

    Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549

    Phone: 202 551-6754

    Fax: 202 772-9285

    Email: kosoffm@sec.gov

    RIN: 3235-AK49

    December 20, 2010 (Volume 75, Number 243)

    Unified Agenda

    From the Federal Register Online via GPO Access [wais.access.gpo.gov]

    DOCID:ua20de10_024-12

    Page 79942

    Securities and Exchange Commission (SEC)

    Proposed Rule Stage

    Division of Trading and Markets

  11. AMENDMENTS TO RULE 17A-5

    Legal Authority: 15 USC 78q

    Abstract: The Division is considering recommending that the Commission propose amendments to Rule 17a-5 dealing with, among other things, broker-dealer custody of assets.

    Timetable:

    Action

    Date

    FR Cite

    NPRM

    12/00/10

    Regulatory Flexibility Analysis Required: Yes

    Agency Contact: Rebekah Goshorn, Division of Trading and Markets,

    Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549

    Phone: 202 551-5514

    Fax: 202 772-9333

    Email: goshornr@sec.gov

    RIN: 3235-AK56

    December 20, 2010 (Volume 75, Number 243)

    Unified Agenda

    From the Federal Register Online via GPO Access [wais.access.gpo.gov]

    DOCID:ua20de10_024-13

    Page 79942-79943

    Securities and Exchange Commission (SEC)

    Proposed Rule Stage

    Division of Trading and Markets

  12. PUBLICATION OR SUBMISSION OF QUOTATIONS WITHOUT SPECIFIED

    INFORMATION

    Legal Authority: 15 USC 78c; 15 USC 78j(b); 15 USC 78o(c); 15 USC 78o(g); 15 USC 78q(a); 15 USC 78w(a)

    Abstract: As part of its efforts to respond to fraud and manipulation in the microcap securities market, the Commission proposed amendments to Rule 15c2-11. These amendments would limit the rule's piggyback provision and increase public availability of issuer information. The amendments would expand the information review requirements for non- reporting issuers and the documentation required for significant relationships between the broker-dealer and the issuer of the security to be quoted. Finally, the amendments would exclude from the rule securities of larger, more liquid issuers.

    Timetable:

    Action

    Date

    FR Cite

    NPRM

    02/25/98

    63 FR 9661

    NPRM Comment Period End

    04/27/98

    Second NPRM

    03/08/99

    64 FR 11124

    Second NPRM Comment Period End 04/07/99

    Page 79943

    Second NPRM Comment Period

    Extended

    04/14/99

    64 FR 18393

    Comment Period End

    05/08/99

    Third NPRM

    09/00/11

    Regulatory Flexibility Analysis Required: Yes

    Agency Contact: Victoria L. Crane, Division of Trading and Markets,

    Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549

    Phone: 202 551-5744

    Fax: 202 772-9355

    Email: cranev@sec.gov

    RIN: 3235-AH40

    December 20, 2010 (Volume 75, Number 243)

    Unified Agenda

    From the Federal Register Online via GPO Access [wais.access.gpo.gov]

    DOCID:ua20de10_024-14

    Page 79943

    Securities and Exchange Commission (SEC)

    Final Rule Stage

    Division of Trading and Markets

  13. TRANSITIONAL REGISTRATION AS A MUNICIPAL ADVISOR

    Legal Authority: PL 111-203, sec 975

    Abstract: The Commission adopted an interim final temporary rule to require all municipal advisors to register with it by October 1, 2010, consistent with the Dodd-Frank Wall Street Reform and Consumer

    Protection Act.

    Timetable:

    Action

    Date

    FR Cite

    Interim Final Rule

    09/08/10

    75 FR 54465

    Interim Final Rule Effective 10/01/10

    Interim Final Rule Comment

    Period End

    10/08/10

    Interim Final Rule Effective

    Through

    12/31/11

    Regulatory Flexibility Analysis Required: Yes

    Agency Contact: Ira Brandriss, Division of Trading and Markets,

    Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549

    Phone: 202 551-5681

    Email: brandrissi@sec.gov

    RIN: 3235-AK69

    December 20, 2010 (Volume 75, Number 243)

    Unified Agenda

    From the Federal Register Online via GPO Access [wais.access.gpo.gov]

    DOCID:ua20de10_024-15

    Page 79943

    Securities and Exchange Commission (SEC)

    Final Rule Stage

    Division of Trading and Markets

  14. CONSOLIDATED AUDIT TRAIL

    Legal Authority: 15 USC 78k-1(a); 15 USC 78q(a)

    Abstract: The Commission proposed a rule that would require national securities exchanges and national securities associations to act jointly in developed a national market system (``NMS'') plan to develop, implement, and maintain a consolidated order tracking system, or consolidated audit trail, with respect to the trading of NMS securities.

    Timetable:

    Action

    Date

    FR Cite

    NPRM

    06/08/10

    75 FR 32556

    NPRM Comment Period End

    08/09/10

    Final Action

    03/00/11

    Regulatory Flexibility Analysis Required: Yes

    Agency Contact: Jennifer L. Colihan, Division of Trading and Markets,

    Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549

    Phone: 202 551-5642

    Email: colihanj@sec.gov

    RIN: 3235-AK51

    December 20, 2010 (Volume 75, Number 243)

    Unified Agenda

    From the Federal Register Online via GPO Access [wais.access.gpo.gov]

    DOCID:ua20de10_024-16

    Page 79943-79944

    Securities and Exchange Commission (SEC)

    Final Rule Stage

    Division of Trading and Markets

  15. PROPOSED RULES FOR NATIONALLY RECOGNIZED STATISTICAL RATING

    ORGANIZATIONS

    Legal Authority: 15 USC 78o-7; 15 USC 89q

    Abstract: The Commission proposed rule amendments and a new rule that would require nationally recognized statistical rating organizations

    (``NRSROs'') to furnish a new annual report by the firm's designated compliance officers, to disclose additional information about firm sources of revenue, and to make publicly available a consolidated report about revenues attributable to persons paying the NRSRO for the issuance or maintenance of a credit rating.

    Timetable:

    Action

    Date

    FR Cite

    NPRM

    06/25/08

    73 FR 36212

    NPRM Comment Period End

    07/25/08

    Final Rule

    02/09/09

    74 FR 6465

    Second NPRM

    02/09/09

    74 FR 6485

    Second NPRM Comment Period End 03/26/09

    Final Rule

    12/04/09

    74 FR 63832

    Final Rule Effective

    02/01/10

    Third NPRM

    12/04/09

    74 FR 63866

    Third NPRM Comment Period End 02/02/10

    Final Action

    07/00/11

    Regulatory Flexibility Analysis Required: Yes

    Agency Contact: Sheila Swartz, Division of Trading and Markets,

    Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549

    Phone: 202 551-5545

    Fax: 202 772-9273

    Email: swarts@sec.gov

    RIN: 3235-AK14

    Page 79944

    December 20, 2010 (Volume 75, Number 243)

    Unified Agenda

    From the Federal Register Online via GPO Access [wais.access.gpo.gov]

    DOCID:ua20de10_024-17

    Page 79944

    Securities and Exchange Commission (SEC)

    Long-Term Actions

    Division of Trading and Markets

  16. CONFIRMATION OF TRANSACTIONS IN OPEN-END MANAGEMENT INVESTMENT

    COMPANY SHARES, UNIT INVESTMENT TRUST INTERESTS, AND MUNICIPAL FUND

    SECURITIES USED FOR EDUCATION SAVINGS

    Legal Authority: 15 USC 78j; 15 USC 78k; 15 USC 78o; 15 USC 78q; 15 USC 78w(a); 15 USC 78mm

    Abstract: The Commission proposed new Rule 15c2-2 under the Exchange

    Act, together with accompanying Schedule 15C. The Commission also proposed related amendments to Rule 10b-10. Proposed Rule 15c2-2 and

    Schedule 15C would provide for improved confirmation disclosure of distribution costs and conflicts of interest associated with transactions in mutual funds, municipal fund securities, and unit investment trusts. The amendments to Rule 10b-10 in part would reflect the new rule and would provide improved confirmation disclosure about certain callable securities. They also would clarify that the confirmation disclosure requirements do not determine broker-dealer disclosure obligations under other provisions of the law.

    Timetable:

    Action

    Date

    FR Cite

    NPRM

    02/10/04

    69 FR 6438

    NPRM Comment Period End

    04/12/04

    NPRM Comment Period Extended 03/04/05

    70 FR 10521

    NPRM Comment Period End

    04/04/05

    Next Action Undetermined

    Regulatory Flexibility Analysis Required: Yes

    Agency Contact: Alicia Goldin, Division of Trading and Markets,

    Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549

    Phone: 202 551-5618

    Fax: 202 772-9270

    Email: goldina@sec.gov

    RIN: 3235-AJ11

    December 20, 2010 (Volume 75, Number 243)

    Unified Agenda

    From the Federal Register Online via GPO Access [wais.access.gpo.gov]

    DOCID:ua20de10_024-18

    Page 79944

    Securities and Exchange Commission (SEC)

    Long-Term Actions

    Division of Trading and Markets

  17. POINT-OF-SALE DISCLOSURE OF PURCHASES IN OPEN-END MANAGEMENT

    INVESTMENT COMPANY SHARES, UNIT INVESTMENT TRUST INTERESTS, AND

    MUNICIPAL FUND SECURITIES USED FOR EDUCATION SAVINGS

    Legal Authority: 15 USC 78j; 15 USC 78k; 15 USC 78o; 15 USC 78q; 15 USC 78w(a); 15 USC 78mm

    Abstract: The Commission proposed new Rule 15c2-3 under the Exchange

    Act, together with accompanying Schedule 15D. Proposed Rule 15c2-3 and

    Schedule 15D would provide for pre-transaction ``point of sale'' disclosure of distribution costs and conflicts of interest associated with transactions in mutual funds, municipal fund securities, and unit investment trusts.

    Timetable:

    Action

    Date

    FR Cite

    NPRM

    02/10/04

    69 FR 6438

    NPRM Comment Period End

    04/12/04

    NPRM Comment Period Extended 03/04/05

    70 FR 10521

    NPRM Comment Period End

    04/04/05

    Next Action Undetermined

    Regulatory Flexibility Analysis Required: Yes

    Agency Contact: Alicia Goldin, Division of Trading and Markets,

    Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549

    Phone: 202 551-5618

    Fax: 202 772-9270

    Email: goldina@sec.gov

    RIN: 3235-AJ12

    December 20, 2010 (Volume 75, Number 243)

    Unified Agenda

    From the Federal Register Online via GPO Access [wais.access.gpo.gov]

    DOCID:ua20de10_024-19

    Page 79944

    Securities and Exchange Commission (SEC)

    Long-Term Actions

    Division of Trading and Markets

  18. RULE 15C-100: SCHEDULE 15C

    Legal Authority: 15 USC 78j; 15 USC 78k; 15 USC 78o; 15 USC 78q; 15 USC 78w(a); 15 USC 78mm

    Abstract: The Commission proposed new Schedule 15C and Rules 15c2-2 and 15c2-3 under the Exchange Act, together with accompanying Schedule 15D.

    The Commission also proposed related amendments to Rule 10b-10.

    Proposed Rules 15c2-2 and 15c2-3 and Schedules 15C and 15D would provide for improved confirmation and pre-transaction ``point of sale'' disclosure of distribution costs and conflicts of interest associated with transactions in mutual funds, municipal fund securities, and unit investment trusts. The amendments to Rule 10b-10 in part would reflect the new rules and would provide improved confirmation disclosure about certain callable securities. They also would clarify that the confirmation disclosure requirements do not determine broker-dealer disclosure obligations under other provisions of the law.

    Timetable:

    Action

    Date

    FR Cite

    NPRM

    02/10/04

    69 FR 6438

    NPRM Comment Period End

    04/12/04

    NPRM Comment Period Extended 03/04/05

    70 FR 10521

    NPRM Comment Period End

    04/04/05

    Next Action Undetermined

    Regulatory Flexibility Analysis Required: Yes

    Agency Contact: Alicia Goldin, Division of Trading and Markets,

    Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549

    Phone: 202 551-5618

    Fax: 202 772-9270

    Email: goldina@sec.gov

    RIN: 3235-AJ13

    December 20, 2010 (Volume 75, Number 243)

    Unified Agenda

    From the Federal Register Online via GPO Access [wais.access.gpo.gov]

    DOCID:ua20de10_024-20

    Page 79944-79945

    Securities and Exchange Commission (SEC)

    Long-Term Actions

    Division of Trading and Markets

  19. RULE 15C-101: SCHEDULE 15D

    Legal Authority: 15 USC 78j; 15 USC 78k; 15 USC 78o; 15 USC 78q; 15 USC 78w(a); 15 USC 78mm

    Abstract: The Commission proposed new Rule 15c2-3 under the Exchange

    Act, together with accompanying Schedule 15D. Proposed Rule 15c2-3 and

    Schedule 15D would provide for pre-transaction ``point of sale'' disclosure of distribution costs and conflicts of interest associated with transactions in mutual funds, municipal fund securities, and unit investment trusts.

    Timetable:

    Action

    Date

    FR Cite

    NPRM

    02/10/04

    69 FR 6438

    NPRM Comment Period End

    04/12/04

    NPRM Comment Period Extended 03/04/05

    70 FR 10521

    NPRM Comment Period End

    04/04/05

    Next Action Undetermined

    Regulatory Flexibility Analysis Required: Yes

    Agency Contact: Alicia Goldin, Division of Trading and Markets,

    Page 79945

    Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549

    Phone: 202 551-5618

    Fax: 202 772-9270

    Email: goldina@sec.gov

    RIN: 3235-AJ14

    December 20, 2010 (Volume 75, Number 243)

    Unified Agenda

    From the Federal Register Online via GPO Access [wais.access.gpo.gov]

    DOCID:ua20de10_024-21

    Page 79945

    Securities and Exchange Commission (SEC)

    Long-Term Actions

    Division of Trading and Markets

  20. PROCESSING OF REORGANIZATION EVENTS, TENDER OFFERS, AND EXCHANGE

    OFFERS

    Legal Authority: 15 USC 78b; 15 USC 78k-1(a)(1)(B); 15 USC 78n(d)(4); 15 USC 78o(c)(3); 15 USC 78o(c)(6); 15 USC 78q-1(a); 15 USC 78q- 1(d)(1); 15 USC 78w(a)

    Abstract: The Commission proposed amendments to Rule 17Ad-14 under the

    Exchange Act. The amendments would require the establishment of book- entry accounts in connection with reorganization events and would give securities depositories up to 3 business days after the expiration of a tender offer, exchange offer, or reorganization event to deliver physical securities certificates to the agents.

    Timetable:

    Action

    Date

    FR Cite

    NPRM

    09/04/98

    63 FR 47209

    NPRM Comment Period End

    11/03/98

    Next Action Undetermined

    Regulatory Flexibility Analysis Required: Yes

    Agency Contact: Jerry Carpenter, Division of Trading and Markets,

    Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549

    Phone: 202 551-5710

    Fax: 202 772-9270

    Email: carpenterj@sec.gov

    RIN: 3235-AH53

    December 20, 2010 (Volume 75, Number 243)

    Unified Agenda

    From the Federal Register Online via GPO Access [wais.access.gpo.gov]

    DOCID:ua20de10_024-22

    Page 79945

    Securities and Exchange Commission (SEC)

    Completed Actions

    Division of Trading and Markets

  21. AMENDMENT TO MUNICIPAL SECURITIES DISCLOSURE

    Legal Authority: 15 USC 78b; 15 USC 78c(b); 15 USC 78j; 15 USC 78o(c); 15 USC 78o-4; 15 USC 78q; 15 USC 78w(a)(1)

    Abstract: The Commission amended Rule 15c2-12 under section 15 of the

    Exchange Act to improve the system of provided interpretive guidance for the municipal securities markets that would reflect changes in that market.

    Timetable:

    Action

    Date

    FR Cite

    NPRM

    07/24/09

    74 FR 36832

    NPRM Comment Period End

    09/08/09

    Final Action

    06/01/10

    75 FR 33100

    Final Action Effective

    08/09/10

    Regulatory Flexibility Analysis Required: Yes

    Agency Contact: Martha Mahan Haines, Division of Trading and Markets,

    Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549

    Phone: 202 551-5681

    Fax: 703 772-9274

    Email: hainesm@sec.gov

    RIN: 3235-AJ66

    FR Doc. 2010-30469 Filed 12-17-10; 8:45 am

    BILLING CODE 8010-01-S

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT