Title

SEC Issues Exemptions from Large Trader Reporting Rule
Client Newsflash

Created date

4/23/2012

Today, the SEC issued an order temporarily exempting broker-dealers from the recordkeeping, reporting, and monitoring requirements of its large trader reporting rule (Rule 13h-1) that are scheduled to go into effect on April 30, 2012.  The order also granted permanent exemptions from the definition of the term “transaction” for certain capital markets transactions.